Entering BEAR Market if Fed is not supporive in next 2-3 weeks
Stock price is below 200 MA, 50 MA is crossed over 200 MA.(dead cross)
Today price is stalled at or below 0.618 Fibo, then lost steam, down trended whole day long.
Next 2-3 weeks will show pivotal trend. If Fed is not supportive on next Fed meeting, trend will be down heading.
Good profit by shorting today.
Today price is stalled at or below 0.618 Fibo, then lost steam, down trended whole day long.
Next 2-3 weeks will show pivotal trend. If Fed is not supportive on next Fed meeting, trend will be down heading.
Good profit by shorting today.