The drop will be powerful and FAST !DANGER !
There is definitely support around 1204, 1205. That's a long ways away though. The bear flag broke today. Assuming it follows through, the market's going all the way to 1220.
Wait until next week then, we will know.We are now at the bear flag pennant. However, we need to break the low with gap down in near future. Otherwise, we might be see short covering & buying to push at around 135 or 137 area.Good luck.
why did it break? I see the flag but we have made a new low of the original bottom and seemed to have bounced off last weeks bottom. Wouldnt we need to make a new low before the pattern break outs?
I remember end of September 2011. Those idiots were calling spy 94, 99. One of those idiots is Jeff Macke, retard made a call spy 99. But as we know the bottom was 107. Huh
that just means its going to rally soon
Funny,sometimes I think you really are a turtle from outer space!
if they knew anything they wouldn't need a side job on tv.