All in the video, I tried to do it quick to give you an idea of what I think is important today.
Holding 3940 on this chart is very important for bulls, getting under very important for bears. May be very tricky with the daily 18ma still not reached. Be careful of bull and bear traps.
Holding 3940 on this chart is very important for bulls, getting under very important for bears. May be very tricky with the daily 18ma still not reached. Be careful of bull and bear traps.
Comment:
lots of traps, they could just keep pumping up after every little sell off, but watch the blue trendline, a break and hold may be a clue for bears. I could see today just flop around and Monday be the bigger sell.
Comment:
Chart -
Comment:
spy got close to the ma cluster but i think it was too obvious a target and it was sold before they tagged it - bearish
