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jpreal1
Mar 25, 2020 7:58 PM

DOW Bull Trap? Short

Dow Jones Industrial Average IndexDJ

Description

Break out or Over Bought Bull Trap?
Comments
RavensPeak
Trap door will likely open tomorrow with job data coming out.
jpreal1
@RavensPeak, Agreed
DaddySawbucks
Every crash does this, most commonly retraces to 0.50 but 0.382 is also often the stopping point. We're here...
SeanVosq
Ppl are so hopeful of the Stimulus ignoring the overall data that's right in front of their face;
a) There's already been a substantial market contraction
b) The trend of lost wages, event cancellations & job losses will get worse are going to mount, investors who are jumping this spike are living in some pollyannish world, where everything snaps back to 3-4 weeks ago... Wild
jpreal1
@SeanVosq, 100%
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