Replies to post #97324 on Savvy Trades and Investments

[littlejohn]

1929 market drop started on a Friday and
got more headlines for Black Monday
that was down big...

Tuesday followed with another
big down day...

Tuesday, 05/10/22, could be a
potential 3rd down day...

Early bargain buying Tuesday by day
traders, who then sell if weakness does
persist later in day, could add more
to negative sentiment...

Fruit on the charts for potential
rebound will still have some left
on Tuesday afternoon...

Seems to be evolving into a
traders market now...

So folks don't want to throw away
trading capital too hastily...

Trend still looking wavy...

Monday appeared like some selling
may have came by newly over
extended margin owners caught by
last week's big drop...

And that could take another day
or so to unwind and see a stable
base to rise from again some...

Liquidity is abundant, so some over
zelous money management could
be in play in market weakness...


So we watch...LJ