The market is trying hard to hold on with every last breath… but it's not working. It looks like it's going to break key support today, which means tomorrow is going to be really ugly.
We'll see though… it might close flat today? Just think of how weak this market is now, because today is a Monday (almost always a bullish day), and we have NO news with light volume. That's not good for the bulls.
It will Monica,
Remember, today is Bullish Monday and volume is light. What will the rest of the week bring? It's coming down, and very soon I believe.
still haven't cracked support on russell or GS which makes me nervous.
We are banging on that 1052.50 pre-market low, and will probably pierce it soon.
The pre-market low was 1052.50 ES, so that could be our downside target for today Rip?
I knew it, SPX low was ~1058.
Sure hope spiralgraphs doesn't have its cycles backasswards, sort of looks like it unless we rally into close.
AA 10.6, has an easy stop loss signal, 10.5
They all look ready to break support to me Z… not confusing from the way I'm reading the charts?
Tuesday signals, look confusing. DOW up, Q's down.
The market is trying hard to hold on with every last breath… but it's not working. It looks like it's going to break key support today, which means tomorrow is going to be really ugly.
We'll see though… it might close flat today? Just think of how weak this market is now, because today is a Monday (almost always a bullish day), and we have NO news with light volume. That's not good for the bulls.
Just finally even on the day. Time decay and VIX can kill all options.