In my last post I mistyped, it said
"Here we are at 3 support levels all in the same area, it makes sense for a bounce to occur here, I wasn't expecting this magnitude."
The red is the correction, I WAS NOT EXPECTING A BOUNCE OF THIS MAGNITUDE
sorry.
5 years ago
3 comments:
The Euro is dropping through the pattern and attempting to fall out the bottom side, hopefully the market will follow soon.
Market up at the days highs... this reversal that the previous post said 3C is showing is taking it's time.
Update time?
Seriously, we're up nearly 200 points on the DOW on a 'bounce' that 3C didn't see coming.
Today, 3C has been showing a downturn but the market has gone higher and is at highs.
So, what's going on? If 3C didn't see this 200 point 'bounce', what's to say that this market isn't going higher still, despite 3C saying the market is going down big for nearly a month now.
3C is definitely missing something... and that would be freshly printed FED money buying equities. I've said it before and i'll say it again, there is no way retail investors are buying into this market.
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