ES Journal - 2023/2024

A look at the investment landscape of retirement funds and where they are at. The metrics calculated are percent off 52 week highs and lows. The market is still significantly higher and most haven't felt the pain enough to bother.

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The last time (last Wednesday) we saw a larger gap down near the prior week lows it was a solid down day.

If this doesn't recover a bit back in range by the Open, I'm starting to wonder if this might just not sell a bit more after all. The week's only down 0,23 % by yesterday's close. Who's to say we can't see 2 or 3 % down even?

First week of August last year was down 2.35 % at most. That's another 70 points lower.

Not a prediction. Just thinking out loud...

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