Forget it. Now talking heads are saying Trump will be declaring a national emergency this afternoon. Back down we go.
Forget it. Now talking heads are saying Trump will be declaring a national emergency this afternoon. Back down we go.
I spent a couple of hours this morning and about 2 hours this afternoon going through various trading sites and looking at specific companies stocks instead of listening to the analysts talk about the "broader" markets or dissecting their picks in a way that slants my view. My goal was to try to get an understanding of why our CSI indexes are behaving the way they are. This afternoon I looked at a couple of dozen transport companies and travel-related companies (including car rentals - THANKS for pointing Tom!).
I will keep up with the "fill the box" mantra but, unfortunately, I see even higher odds of more downside than what I had thought we were in for. I wish BT was around to scream at us all to buy cheap so there would be some brightness around here but I am settling into the doom and gloom camp with the many others. I sincerely hope I am wrong.
Good luck out there!
Going back to the daily charts:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Need to get out of Midterm Panic box:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
BQ...u stayin' in??
EJJ
Yes at 50 S / 50 G
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
VIX:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Well the rate of decline is not increasing but I am afraid that the crossing of my 50 day over the 100 day may be bad news:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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