Dow Jones Industrial Average Officially Enters a Bear Market
Updated
Short It. Warn your friends. Withdraw your money.
Trade active
Fear is only beginning to set it at these levels anything could happen, but be on the lookout because friday was an ugly close.Checking put/call ratios, flight to safety mechanisms kicking in, and record volumes with vix related derivatives. Things are not looking very good for the markets!
Will be looking for any possible conformations that will drag us out of this mess stay tuned!
Note
Monday played out as expected but the rally held very little steam. We will see if the rally continues throughout tuesday or if selling takes over after pumping premarket....
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