Coolhand's Market Analysis

Originally Posted by coolhand

The bears hit the gates running today, but the bulls countered with buying pressure by late morning into early afternoon. It was not enough. Buying pressure peaked in mid-afternoon and price fell all the way into the close.




The selling is still out of the ordinary. The charts are showing a short term (to this point) dip after a multi-day rally starting at the beginning of the month. The 50 dma is still

...