sp'60min
sp'daily5
Summary
The current declines won't likely hold for long though, we're still due some kind of a small bounce into early afternoon.
Best guess, market jumps..7-10pts..only to sell lower into the close - after the FOMC minutes are released.
Mr Permabull is getting rattled!
If Oscar can acknowledge and recognise the QE is why this market has risen, I am still bemused why some of you out there are still in denial.
*the target he seems to be looking for is the June low of sp'1560, although I find it difficult to envision any initial break lower under 1600/1590.
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Notable fallers - the momo stocks, FB, TSLA, AMZN...they're all getting hit hard, even though market is trying to bounce again.
10.28am.. market trying (again) to put in a spike floor....
Regardless of any bounce...so many stocks out there with really ugly charts now...