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Market Forecast Video

Market Forecast Video
Photo by Nick Chong / Unsplash

I laid out my anticipated "double-bottom" move by the stock market in Monday's update.

But just in case you missed it, I also taped a livestream video this afternoon laying out the "double bottom" scenario for folks who follow me on YouTube.

The stock market started selling off again this afternoon, now that the Federal Reserve made its rate hike announcement - which makes the prospect of a potential double-bottom come into sharper focus over coming sessions.

Click on the video - it'll cut right to the S&P 500 forecast:

Keep playing good defense. We may need to re-test Monday's lows or just a little deeper.