Crash, Correction or Studder Step?

[jbride12]

What would you call today's market action? Are we looking at the start of a crash, the start of a correction or just a slight pull back on the way to fresh index highs?

Lots of action in the treasuries today signaling people want their money safe for the time being ...

http://www.profitquotes.com/commodities-quotes.mpl?i=4&Treasury+Yields+Fed+Funds+Rate

 

[increasenow]

nah...the ES trend is still upwards...defend the trend...bias is up...

 

[polpolik]

we could end up green today and that will be very bullish if that reversal happens.

 

[bluud]

this is only a small correction, keep buying everyone

 

[increasenow]

use trend lines, fib numbers..the bias is up

 

[limit]

if this takes out the ES low at 1494.5 from monday I think this gets weaker.

 

[gobar]

Quote from bluud:

this is only a small correction, keep buying everyone

until fed day market will be flat to down...

no big earning on thrusday and friday...

 

[gobar]

Quote from bluud:

this is only a small correction, keep buying everyone

until fed day market will be flat to down...

no big earning on thrusday and friday...

 

[gobar]

del

 

[gobar]

de













:eek: