These are just first stops in the decline. Critical support next. This is the deepest penetration of critical support since the I1 signal and any rally from here should be feeble. SP futures ran up to their 30-minute M/A and turned so this rally may already be over. If so, it's lame and bearish.
I neglected to post earlier that the UUP confirmation of the dollar turn came in at the open.
No comments:
Post a Comment