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S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,611.20
(
0.01%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.34
(
-0.17%
)
Bitcoin
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1.76%
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SilentOne

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SilentOne

Re: DowDeva post# 48058

Wednesday, 10/15/2014 9:27:06 PM

Wednesday, October 15, 2014 9:27:06 PM

Post# of 51778
Hi D,

There is an 10 week low due shortly but with a failed 40 week low (likely occurred early August), this current move is expanding its scope. I can't tell timing wise where we might see a bounce, but I am hesitant to make many bets in October.

The TSX looks really worrisome as they are selling the oil sector relentlessly. It looks and feels like a major top for energy as the move down is similar to what happened in 2008.

cheers,

john
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