mansofun

mansofun

What a day. it was like watching the dead being brought back to life and for the first time, after the start of the crash its bullish afterhours. what does this mean? we will find out by the end of the week would love to hear your thoughts or comments

mansofun

see planation on the charts

mansofun

explanation in the chart in the explanation I made the typo it should be 294 support not 240 pls make a note

mansofun

The market has hit 4 times on the 50 MA We had a toping tail at all time high onbthe daily We have been below the trend line green in my chart that im sure most of you agree is drawn correctly And we are also hitting on blue support line . There is a clear bear flag on the daily Market is not fighting to go up. Its fighting to go down

mansofun

see the chart for info.

mansofun

now that the Fed meeting is behind us and they pushed it to ATH s again but now below the green trend line market weakess is becoming more aparent we are on our way down

mansofun

it has attempted to go bullish but failed, the level is strong and will result in a reverse to the down side