How to distinguish between a "normal" retrace or one that gets taken out completely?
I don't dispute your suggestion. The current after-hours is not showing much damage. Will we drop hard or roll down that hill and then over a cliff?
I am suspicious of this market and the ability to stem most drops.
I never expected this current rebound to be this high or long. Did YOU see this rebound coming?
I myself don't see an immediate move so it would take a little more to convince me. Heck i was calling for 2200 as a support zone that would also be taken out.
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.