Originally Posted by
DreamboatAnnie
… Looks like Stochastic is starting to cross below its signal line to move below 80. I am thinking market is going to test the 20 day SMA (mid-point on Bollinger Bands) or possibly a bit lower but in that area only because this also looks to be the next support zone down around 2740-2720 on C fund. If that does not hold then we might test the October lows. Keeping fingers crossed that we just test the mid-point on Bollinger band. Same thing for S fund around 1340-1320...
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