In the past five months, the S&P 500 has lost 1/3 of the gains it made during the prior five year period. Regardless of the label placed on that decline, it is an attention grabber.Quote from stock_trad3r:
Why is this is a surprise? The bull market which began on october 2002 technically hasn't ended. The sp00z didnt close below 1252.
Quote from Landis82:
I know that there aren't many guys that trade "technically" on ET and prefer to spend most of their day starting posts with "cut and paste" articles . . . but the move down off the highs in the ES from 12 Noon was a thing of MEASURED-MOVE beauty!
8 handles down to 1302.
Small retracement back up to just over 1306.
Then another 8 handles down to finish the "measured-move".
Buy Them for a 10 point pop back up!
Bingo.
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