WIll this move gap and go like Oct?
Could this be a similar move from October where we gapped and never looked back?
Slicing right through for now.
Acting as support for now.
Hasn't been this low since Nov 2012.
Candle could not stay in BB. Not good for higher prices short term.
Not good for higher prices in the short term.
If we do not get back inside the lower BB, could see lower prices.
Could be great risk/reward near 100. Good luck.
Similar close to last Thu. Can we close back inside BB? Good luck.
$SPY getting closer to Dec 2013 lows.
If $AIG closes below 200sma. Low risk entry would be a buy on a close back above 200.
Next week went red to green.
Last year only two red months. With one week to go, working on red candle, but still not below Dec lows.
Interesting that we could see a move lower similar to last June. If next week's move is a green candle the BTFD mentality is still alive and well. Best of luck.
