SPY 5. How soon we forget the agitation of this morning. Limit down on futures. StockCharts offline three hours. NYSE shut down. Coronavirus in your neighbourhood. Cobra sleeping in.
Charts posted are not recommendations. They are just a sharing of information.
Long end bonds not really playing along on this latest drop.. plus SPY way below lower BB... Seems like it could now move higher hard to see pressing shorts unless 3:00PM brings major margin calls..
Now testing day low, let's see any rebound here first.
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Watch for EMA short setup. Usually only good for a scalp though.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.