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PutzMueler

01/12/18 11:56 AM

#32664 RE: vm86 #32655

I did not say that, reread the post. I said it was going to hit all of the averages nine day 50 day and 200 day and that it had already hit the nine day and that was only the 200 day moving average and the 50 day moving average left for it to test. My opinion was that it would not go much below the 200 day moving average and the 50 day moving average would catch up soon enough but obviously the market wanted to get those averages sooner than I thought they would.

We are about to wipe the slate clean at the 50 day moving average.