decisive breakdown, now bulls need a double bottom before a bottom can be possible.
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fehro wrote:as per yesterday…targets .. /CL tags 200d 48.67 almost overnight… just a dime short… 50w 47.89. DXY USdollar down hard this morning… still above 20d 101.33
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Equal-weighted SPX fell under the 20sma (bolinger centerline) yesterday (and today)
SPX (capitalization weighted) did not
Hence, it’s a broad-based drop
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
rebound may have small legs at least if not low was in.
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