Replies to post #37125 on Profunds index and sector trading (PRO)

[Namiar]

I concur that the trend has turned negative, and the pattern looks like a waterfall setup.

However we're getting into deep oversold and a bounce is forthcoming.

However I will be careful not to get into sectors or margin without another significant leg down - which could come today . . .

Did you do well with the Friday play Euterp??