This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is theortetically possible the market stuck a low here, but I don't have enough dip buy indicators to say that is likely. So, I am selling resistance unless the bulls break it. IMHO.
7% crash Shanghai
ReplyDeletehttp://www.zerohedge.com/news/2015-01-18/chinese-stocks-crash-following-renewed-crackdown-margin-accounts
Nice chart. Even if this is a small correction in a bull market (doubtful), it usually does not end here.
ReplyDeleteChart.
It is theortetically possible the market stuck a low here, but I don't have enough dip buy indicators to say that is likely. So, I am selling resistance unless the bulls break it. IMHO.
Jeff is one of the best follows on Twitter imo
ReplyDelete