31
Oct
stored in: Uncategorized and tagged:

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31
Oct
stored in: Market Psychology and tagged:

Tweet There was massive selling today with 94% of today’s volume being on the downside. Is this enough for a short term bounce? I tend to think that we’ll see a few days of buying next week, before the FOMC reports when the selling should resume. That would be a decent entry point for new […]

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Tweet Today’s snap-back rally probably has many bulls feeling pretty good about being long, but I’m definitely not in that camp. The volume was considerably lower and almost every chart I look at is wrecked from a technical point of view. Ultimately I don’t know if we bounce here or head lower, but I am […]