This is likely to be a short term floor of support for the market to bounce off intraday, a break below this level will be extremely bearish. The fact two days of rally have been erased in an hour of opening trade is quite bearish.
5 years ago
Wednesday, November 9, 2011
SPY/DIA retraement complete
This is likely to be a short term floor of support for the market to bounce off intraday, a break below this level will be extremely bearish. The fact two days of rally have been erased in an hour of opening trade is quite bearish.
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