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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,732.80
(
0.05%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.14
(
-0.08%
)
Bitcoin
61,862.20
(
-1.66%
)
Post# of 110231
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dexprs

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dexprs

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Re: None

Saturday, 04/27/2024 12:34:12 PM

Saturday, April 27, 2024 12:34:12 PM

Post# of 110231
History showed us that when the market, as measured by the SPX, fails to go back above the 50day/ma, it is not a good sign for the Bulls. The failed higher close often will signal that the market will next drop o the 200day/ma. It is good if you have cash, but if you are totally in the market than it is not so good. Opportunities will come as the market keeps closing lower. Now you can buy the stocks you liked at a lower price. I will still be taking small positions in my top 5-10% of realm of stocks.
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