93% of today’s volume was upside. Now if this market is going to rally longer than 1-2 days it must break out of the pattern that it’s been in on the chart below. Every time it hits the moving average it reverses.
clipped from www.market-harmonics.com

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2 Responses to “Downside Day”

  1. jeremy Says:

    Great chart – thanks. Resistance seems pretty strong at 200 MA.

    Did you hear Christian's analogy to a strip poker game at the end of his video?

    'down to a jock strap and two socks'

    had me on the floor laughing.

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