Tuesday, September 13, 2016

Down and Pause

And back down the market went.  But this time there were a few holes in the bearish case as the Nasdaq was severely diverged relative to yesterday's range -- and that spelled trouble for the sellers.

The daily is now becoming interesting as a mongo coil in the making.  And that may mean a lot of up or down is in the cards.  Will the bulls pull it off once again?  Or will sellers re-emerge?




No comments: