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There's a good chance this is 'it', the big fall that the professional investors have been calling for ('the most hated rally ever', i.e. the rally that retail investors made money on) 

 

Wall Street sh!ts a brick

1524268112_WallStreet_20200723_20_33.thumb.png.b9d31205fb7a3e9948ac950eec496838.png

Edited by dmedin
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One of the uses of moving averages is that it takes time for the momentum to dissipate (unless it is a V top or bottom). First the 9 min or 20 min moving average is breached and then there may be a retracement back towards the lows. Then the 100 minute moving average is tested and may fail to breach it giving another higher low and so on.

 

SPX500M1.jpg.41d400452d017cfb14ce5fd90d121ba1.jpg 

 

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15 minutes ago, dmedin said:

There's a good chance this is 'it', the big fall that the professional investors have been calling for ('the most hated rally ever', i.e. the rally that retail investors made money on) 

 

Wall Street sh!ts a brick

1524268112_WallStreet_20200723_20_33.thumb.png.b9d31205fb7a3e9948ac950eec496838.png

I don’t really care so long as it doesn’t do what the Dax did mid-week.

GER30H1.jpg.93a2f96534dcea72efe4cb7092fb1011.jpg

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