Any chance we retest the 200 DMA today in the last hour push? Maybe close just above it @ 2550?
Anything is possibleAny chance we retest the 200 DMA today in the last hour push? Maybe close just above it @ 2550?
I would not be surprised if we end red 4 or 5%. Who can hold long over the weekend? I guess the same is true for shorts too. Close should be violent, and profitable for those that can stomach it.
Crazy market
In other words, needs a drop to 2300.I still haven't seen any real "holy shit this is the start of a new bear market" type capitulation talk, just continual focus on "garden variety correction" / whatever bogeyman is responsible for it. It feels to me like we'll need some real panic selling (rather than heavy volume controlled selling) to really see any kind of bottom I'd trust.