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Z2026-04-02 10:13:09
I believe March marked the bottom for the $SPX, and April will mark the top for crude oil in this Iran war cycle. I’m not trying to call the exact day of the bottom, and I never will. March was peak fear for the $SPX, and April will be peak fear for oil.As I’ve said before - March is likely the timing bottom in the Iran war cycle. History shows markets drop fast on geopolitical shocks, then bottom within weeks and recover. S&P 500 is already ~5% down since Feb 28 start of war, right on schedule.
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Jake Wujastyk2026-04-02 05:09:02
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Prof2026-04-02 02:27:57
S&P 500 travelled 250 points to $6600 target. Perfectly normal. My roadmap now predicts a pullback towards 6520 as a pullback spot, which will determine next move, Rally’s in a downtrend are violent and often make you feel you’re missing out $SPX $SPYMarket markers playing poker. Sucker rally to 6550-6600 is here. Playbook everyone should make note of: Rounded top -> Breakdown, Bounce ->then leg down $SPX $SPY
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