DreamboatAnnie
Well-known member
Happy Friday to Everyone!!!!
Just looked at charts and definitely not getting in today. Looks like Stochastic is starting to cross below its signal line to move below 80. I am thinking market is going to test the 20 day SMA (mid-point on Bollinger Bands) or possibly a bit lower but in that area only because this also looks to be the next support zone down around 2740-2720 on C fund. If that does not hold then we might test the October lows. Keeping fingers crossed that we just test the mid-point on Bollinger band. Same thing for S fund around 1340-1320.
Hope you have a Great Weekend and Best Wishes on Your Investments!!! :smile: :dance:
Just looked at charts and definitely not getting in today. Looks like Stochastic is starting to cross below its signal line to move below 80. I am thinking market is going to test the 20 day SMA (mid-point on Bollinger Bands) or possibly a bit lower but in that area only because this also looks to be the next support zone down around 2740-2720 on C fund. If that does not hold then we might test the October lows. Keeping fingers crossed that we just test the mid-point on Bollinger band. Same thing for S fund around 1340-1320.
Hope you have a Great Weekend and Best Wishes on Your Investments!!! :smile: :dance: