How about seeing today as an SDD? So far it is...Although I wouldn't be surprised if we ended in a rally instead of a LOD...
Maintaining my short bias. I will need to see 1168 hit OR a longer term buy signal before I will start cautiously looking long.
Any questions Mr. Cramer? Quote from W4rl0ck: Yeah. Chart patterns and S&R are complete BS. Just silly. Feel free to disregard them for journal integrity purposes.
Don't know but the LOD looks pretty hard right now. Maybe a retest. Seems like the "market" is just exhausted and confused like it got caught in a riptide, managed to swim out of it and now it's looking back at the beach.
With financials having no short rule, every seller in the financials are real sellers, thus there is no new buyer created in the process as those sellers are net losing in the game.