daytradingES wrote:the other weekend I mentioned "they" buy it at -10% which they did
(They being the govt)
I found Friday's action telling. To me the rebound was stopped at a key point on Wednesday and Friday indicates the new leg is down - should Monday bring a lower low on the daily (<Low2764.50), and possibly to new lows below 2603.
the chart is a little early but now coming into play - that is the double top 2818 area has held and we are moving down to test 2603
(of course I don't mean test it today! --- next few days..
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Educational only and not trading advice (EO&NTA) Good trading to all
you know, when one thinks about it a minus 53.25 pt day would be big news only two months ago.
now MSM will spin it along the lines of:
"While showing some weakness intraday the market came back at the end of the day to hold above the ....[insert indicator that works out by back fitting.. the xx day moving average] ." Looking forward to tomorrow positive news on the ... [insert eco indicator] is expected."
Educational only and not trading advice (EO&NTA) Good trading to all
MrMiyagi wrote:CANCELLING HAPPY HOUR TILL TRUMP IS GONE
please no politics. Maybe you're just joking but other people might not accept this. Thanks.
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break something was just a first good sign for bulls, still long way to go.
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