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Bear Market Resuming?
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vand
- Lemon Slice
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Bear Market Resuming?
Uptrend support was already violated a while back, so retracement to the 38% Fib was always a high probability... now that we are there the S&P really needs to bounce from here @4200 for the bull case to be kept intact, otherwise it's likely we're heading down to a lower Fib retracement:
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MrFoolish
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GoSeigen
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Bull Market Resuming?
Anyone else in the mood to YOLO? I've been impatiently waiting for banks to go, and today it looks like CBK is finally breaking out of an eight-month consolidation.
GS
GS
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GoSeigen
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Re: Bull Market Resuming?
GoSeigen wrote: today it looks like CBK is finally breaking out of an eight-month consolidation.
Hmm, spoke too soon? Always worth waiting for the weekly candle to complete. Perhaps this is another buying opportunity. Income to treble this year -- I can't understand what the market doesn't like about that, it clearly really really hates banks.
GS
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