Today they tried to push Djones above 10.000 and today they failed. We will gonna have 2 days of extreme volatility, but one thing is almost garanteed... What a nasty black monthly candle...
Daily we are consolidating near lows, and for example Dow Jones is ultra bearish because it closed bellow mm200 days for 4 days in a row and now closed bellow 10.000.
Indexes now are overbought on 4 hours charts and near supports very importants... When they fail, it will be nasty.
S&P 500 Approaches 100-Day Moving Average: Is Now an Attractive Time to Buy
Stocks?
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What a difference a week makes.Last week, the stock market changed its tune
from up, up, up,... to up, down, up, down. That made it feel like investors
wer...
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