Are We There Yet?
Our top trend line has been touched a few times and rejected now, three days of falls could be the catalyst of the top being in and the early beginnings of a major turn down.
Down days repeatedly see increased volume compared to light volume on up days...usually the market hold up until the Punch & Judy show in November.
They don't ring the bell at the tops, lets watch the next few days, any further heavy selling can take us down to 39,500 area...October surprise?
Appreciate a thumbs up, good trading and God Bless you all!
Down days repeatedly see increased volume compared to light volume on up days...usually the market hold up until the Punch & Judy show in November.
They don't ring the bell at the tops, lets watch the next few days, any further heavy selling can take us down to 39,500 area...October surprise?
Appreciate a thumbs up, good trading and God Bless you all!
Note
Expect a small bounce around 42,000 Monday and then more selling into the end of the week.
Too many red flags for this bull.
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