Replies to post #109078 on Zeev's Turnips Patch-No Politics (ZEEV)

[leptokurtosiss]

Zeev,

>> Not good, both 1500 and 8500 gave way <<

What's the likelihood that it was 'overshoot' ? TIA

Regards,

Lepto

[ajtj99]

I disagree that tomorrow will be down. We're in a falling wedge here and could close near the LOD at a cluster of support, not the least of which is a double bottom with the previous pivot low.

If so, the smallest break upwards Tuesday could initiate at minimum a re-trace of today's drop.