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Re: TomJohn82 post# 31034

Wednesday, 05/16/2018 8:01:01 PM

Wednesday, May 16, 2018 8:01:01 PM

Post# of 44277
I expected consolidation this week, but the selloff does appear overblown. The way it closed today appears like selling may continue tomorrow morning, lets hope I'm wrong though. Friday may be our reversal day if its not tomorrow, looks like it wants to go a little lower first. Not happy about the high volume on a big down day, that is what is a little confusing to me Guess they call it capitulation which using means its looking for a bottom and the initial reversal off a bottom is usually very sharp.