InvestorsHub Logo
Followers 14
Posts 4298
Boards Moderated 0
Alias Born 01/26/2012

Re: None

Monday, 10/07/2019 4:29:24 PM

Monday, October 07, 2019 4:29:24 PM

Post# of 37921
Pattern very bearish, price could not get back to falling 21dma, 50dma is falling, but price is above 100dma for now (2928)


About the only bullish indicator I can find is the negative sentiment, and it is not the most reliable one.


Bottom line: If we break under 2835, then a flash crash could ensue. I expect the volatility to continue, so will cover my short by selling my qid at spx 2860 or so.


News driven markets tough to predict short term.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.