well...and then it ended at the next support level of 2790. Hummm.....what happens tomorrow?
But keeping in mind a 3% drop is nowhere near the record. So hoping it doesnt drop a lot more....
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
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about 5% off the highs...we just hit correction territory! How much, if any, do we have to go?!?!? I'm looking forward to watching some analysis tonight...that means you Dreamboat
Good evening,
Well.... Iif the market continues the sell off, I should think it would pause at 200 SMA but then move down to 2720-30 as next support level down. But this is just best guess IF it continues down as I can't foresee the future... Right now futures are down a little... Will see how it goes tomorrow.
Best wishes to you and everyone on your investments!!!!!!!
Here is 10 Yr Treasury chart ... Looks like it might be coming down a bit...that would be good for market. (Looking at MACD bars and Stochastic)
Last edited by DreamboatAnnie; 10-10-2018 at 07:45 PM.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
oh no! just looked at futures...Dow futures down -241 and S&P futures down -21.75.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
And all positive now.... mmmmm. Tempted but thinking patience.
Gosh...this drop is just terrible for so many. sad.
I was hopeful when I saw positives this morning ...but now ..well... what can one say.
I also had thought of entry, but decided against it since price still hugging the lower Bollinger band.
Sometimes I think the damn traders are trying to flush everyone out before they hump back in to drive price back up. ....although it seems feasible that market was just waiting for a reason to drop and revalue. Interest rate increases are going to cause many costs to go up and maybe put a damper on buying/revenues. I dunno…
If price goes below Jan/Feb lows, then might start to get panic. Hopefully this will end soon with some recovery and hopefully earnings that beat estimates.
Best wishes to everyone!!!
P.S. Notice long tail on forming candle and gap down... that is promising. Shows buyers stepping in... let see how we finish the day.
C Fund - Stockcharts - 4 month 10-11-18.jpg
Last edited by DreamboatAnnie; 10-11-2018 at 02:27 PM.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Glad to see some Green on the screen this morning!
Possible partial buyin today....will see ...
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Staying on Lillypad as up day looks to be fading. Opened over 400 and now DOW at 129. Hummm.....will see how it ends the day.
Hope you have a Great Weekend and Best Wishes on your Investments!!!!!!!
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Hi JKJ, I came close to jumping in but saw positive market dropping a bit. it is now up 127 on DOW. S fund up .04% and C fund up .72% right now. I am going to see how day ends, and mull it over a little more. Hoping this is a good day for everyone who is in the market or just entered market.
Don't take my comments as trading advice /IFT: 4-24-24=50G- 50C https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
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