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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,682.40
(
0.00%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.72
(
0.40%
)
Bitcoin
62,311.04
(
1.40%
)
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TREND1

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Re: None

Monday, 02/08/2016 8:01:39 PM

Monday, February 08, 2016 8:01:39 PM

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2/8/16 Conclusion: Price took out serious support, but managed to stanch the wound with a late rally. Ultra-short- and short-term indicators suggest more downside, but intermediate-term indicators tell us it will likely be short-lived. Unfortunately, based on market action today, the slide lower could be painful before the market turns back up.
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