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S&P 500
5,073.30
(
0.05%
)
US TECH 100
17,044.40
(
0.24%
)
Dow Jones
38,486.29
(
-0.05%
)
Brent Oil
87.30
(
-0.30%
)
Bitcoin
64,350.24
(
-3.10%
)
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ahimsak

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ahimsak

Re: None

Thursday, 08/10/2017 4:19:01 PM

Thursday, August 10, 2017 4:19:01 PM

Post# of 37911
Of course, now looks like support at 2400 to 2420 will be touched tomorrow, and if that breaks, we get the crash nobody said could happen.

I plan to start buying carefully tomorow at 2420 is trin is over 2 and vix jumps over 16 quickly.

Not enough fear for a buy and hold, but some kind of bounce coming. If we rally at open, then look to short.

Bottom line: Market overbought big time on longer term time line, need a 5 to 7% correction or more before rally to new highs is possible, if it can happen.
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