Naz futures down 31 points, SP futures down 10. Both contracts back below their 20-day EMAs and both have pulled back to their 50% retracement levels (using the 1/3 low and the 1/12 high on the ND; the 12/30 low and 1/12 high on the SP).
Blood in the streets?
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Originally posted by DStecklerNaz futures down 31 points, SP futures down 10. Both contracts back below their 20-day EMAs and both have pulled back to their 50% retracement levels (using the 1/3 low and the 1/12 high on the ND; the 12/30 low and 1/12 high on the SP).
And some will do well today...even on the long side...Heck, even on Black Monday in October '87 there were 3 stocks that made new highs...Of course I didn't own any of them...Doug"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Hmm. My portfolio is down 1%. Perhaps the real collapse is still due? Or is this Moderately Dark Grey Wednesday?
Regards,
KarelMy Investopedia portfolio
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Originally posted by NY4EverIf you can keep your head while others are losing theirs -- you will do well in the market.
hang on this am. They started the morning bouncing
around like kangaroos on speed but they are calming
down and recovering. Hope we don't see an
afternoon sell off.
Hope everyone fairing well.
Shadow
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