Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Zeev, IMO it's a huge deal that we cut through the 50EMA on the daily NDX at 1021. We did not do that last Dec, and when we've cut through it, we've gone lower.

That is big in my book. If we close below 903.7 on the SPX and 1027 NDX today, I think we can slam the door shut on any thoughts of an extension of this up we've had and call it what it may be - a bear flag in a downtrend that broke.