Gang, we also have a FP of 107.13 spy in the morning premarket session… so we could rally up there before going back down. It's just another spot to get short in my opinion.
I'm not sure Rk? I only know that the 26th-27th is a big turn date. I would expect it to be blamed on the claims numbers on Thursday, but regardless of what's it's blamed on, the charts say the markets will continue down.
We could have an small pop higher Wednesday morning and then some panic selling into the close. Most people won't want to hold in front of those job's data.
If there is ever a day to have a crash,it would be this Thursday and Friday I believe.
asian markets not shows that much selloff except nikkei, r they look for any reason/bad news? might be on turn date……. red, what u think if market want to go down from here it shall be on the account of any big news..any guess which one?
Gang, we also have a FP of 107.13 spy in the morning premarket session… so we could rally up there before going back down. It's just another spot to get short in my opinion.
Nice FP to 105.36 spy that just pop up.
I'm not sure Rk? I only know that the 26th-27th is a big turn date. I would expect it to be blamed on the claims numbers on Thursday, but regardless of what's it's blamed on, the charts say the markets will continue down.
We could have an small pop higher Wednesday morning and then some panic selling into the close. Most people won't want to hold in front of those job's data.
If there is ever a day to have a crash,it would be this Thursday and Friday I believe.
Yes Leo. But Dow Futures seems to be getting support at 9969 level.
http://niftychartsandpatterns.blogspot.com/2010…
asian markets not shows that much selloff except nikkei, r they look for any reason/bad news? might be on turn date…….
red, what u think if market want to go down from here it shall be on the account of any big news..any guess which one?
I guess give it an hour and housing data doesn't matter anymore
Looks pretty ugly too me… 🙂
Corrected it now. Thanks for informing it.
bad image link. 🙁
Dow Jones Breaks the support line
http://niftychartsandpatterns.blogspot.com/2010…