ES catching up to the TF. The small caps weren't buying it on that bounce this morning. (Cue ominous background music) Is Goldman actually correct in that no corporate treasurers will be buying the dips until May ? If they are I need a major mental re-calibration after watching the morning dip getting purchased for day after day after day. Of course foreign central banks will still be buying the S&P so there should at least be a muted bounce.
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.
Cobra wrote:testing ema20 blue line, don't think blue line would hold this time.
the upper or lower blue line?
the ema20 blue line. the call was wrong. SPY got rejected at EMA20 again.
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.
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.
vol surge, biggest red, so might be a rebound here first then we'll see.
Attachments
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.
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.