Anyone else feel like this term was made up by some guys just to prop up the markets? Anyone else going to snap if they hear it one more time? Who decided this was an acceptable term to hear every 17 seconds?
All this market has done is rally up to the declining 200-day moving average on weak volume. The latest lower-high a couple days ago has all the momentum investors selling. A break of 875 SPX would be ominously bearish. Not necessarily new lows, but definitely new lows in terms of EUR, JPY, CDN or gold.
All this market has done is rally up to the declining 200-day moving average on weak volume. The latest lower-high a couple days ago has all the momentum investors selling. A break of 875 SPX would be ominously bearish. Not necessarily new lows, but definitely new lows in terms of EUR, JPY, CDN or gold.