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S&P 500
7,126.06
(
1.20%
)
US TECH 100
25,958.80
(
1.33%
)
Dow Jones
49,447.43
(
1.88%
)
Brent Oil
88.87
(
0.00%
)
Bitcoin
75,460.27
(
-0.37%
)
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kchan24

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kchan24

Re: jxyzobrien post# 41915

Thursday, 02/01/2018 7:56:47 AM

Thursday, February 01, 2018 7:56:47 AM

Post# of 46542
One more flush to complete C is needed to lower low for a short term bounce. Sentiment is still bullish after Fed started shrinking the balance sheet. SPX is standing tall just 2% off the high after enjoying rally of 58% from 1810 for last two years.

I think it's distribution in stocks and move down at each discount level till bond market digest and learn to live with this reverse QE. Bounces will be shorted ....JMHO

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