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andrius

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andrius

Re: surf1944 post# 1086

Wednesday, 01/16/2019 6:16:11 PM

Wednesday, January 16, 2019 6:16:11 PM

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this bounce to near 50 dma indexes looks like good spot to sell or start establishing short positions. SPY/QQQ could try for 200 dma but given whole picture seems like finally good short swing opportunity given r/r. First time in a decade? I know there were a couple times 200 dma failed followed by big reversal but not sure likely here.

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