- Reaction score
- 2,450
Boy, this is a tough market situation. The current bear flag says "stay away" but the recent consolidation / pullback that is holding above the 50-day EMA and the rising support is usually just what the dip buyers are looking for.
It looks like a nice buying opportunity with a sell signal if support breaks. But if this bear flag breaks down it will likely be sharp and could be too quick for our TSP accounts.
It looks like a nice buying opportunity with a sell signal if support breaks. But if this bear flag breaks down it will likely be sharp and could be too quick for our TSP accounts.