10-27 Down 5? What do you expect in an extended market. The clues were there. Going into today this issue was closer to trend channel resistance and sporting a double top with a potential shake out high. I mean really, 88 to 108 in 9 days? How much more could one ask for in such a short period of time. This is "bulls make money, bears make money and pigs get slaughtered" in visual form. So in summary, The next time you see a chart like this show up in an issue you own what are you going to be thinking about doing?
These are not recommendations, trade at YOUR own risk. For informational and educational purposes only