Market Analysis for The Week of 3/22
Decision Time: November Low Target Met, Now What?
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The 2026 Equity Markets Year Ahead can be seen here: 2026 Equity Markets Year Ahead
Going back to October we had been monitoring a maturing trend which led to the “trap door setup” triggering on October 10th:
From there I projected the formation of a multi-month balance, and here we are back at the November low again. In November we covered shorts at the October low. In December I suggested that SPX would need to find meaningful traction above 6980 in 2026 to negate the potential for a return to the November low. From the 12/14 week plan (Substack and Discord):
At the 2/25 swing high I doubled my hedges and we have been shorting this intraday most days since.
The market now faces a critical decision point, all of which was covered in the year ahead plan which is linked above. We will be prepared for either direction each week as always. Just as I was preparing for a potential trip back to the November low since December, I now begin preparation for a future trip to a new all-time high target. First things first, however.
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