today was a good day as an example of change of sentiment on us markets . opened up 400 pts on dow now down 60 odd sell the rips is the new motto for the foreseeable future
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today was a good day as an example of change of sentiment on us markets . opened up 400 pts on dow now down 60 odd sell the rips is the new motto for the foreseeable future
Testing times indeed, if we break these support lines we may find the "asleep at the wheel index funds" overreact.
Attachment 10195
Yes agreed, and there seems to be a reluctance to push through this level this year, the constant ambient noise of Trade Tarrifs, Brexit and Global slowdown doesn’t seem to be enough of a shock. Hence moving sideways. Correction vs Bear only becomes meaningful in hindsight once an upward trend emerges.
just now another example of the range , i had mentioned 2620 sp500 as a level to watch we got within 2 pts and has now rallied 20 pts since
bull must be sleeping in, Thunderbirds are all go today and we haven't heard from him yet.
traders sold the rally again in the us. waiting for may vote could tank things