Dash for cash out of equities and bonds.... drop going to continue
Comments
Tiger
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It will def continue to go down.. but after today's price action. Its likely that it will head 1600 level first.. before making another thirst down
Never1
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I agree. A bounce is due, but I wouldn't count on it lasting too long. Re-test 1600, but a break below yesterday's lows would bring us 1540, and 1500 pretty quickly. Looking for a gap fill at 1527 and 1362 sometime in our future.