shorts just get slaughtered on upside then market starts falling again
for the moment this seems that is what is going on
ICFX
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So did we reach the bottom already? Demark told price will bottom at 2097 within next a few weeks. U agree? I plotted Fibs on Dow Jones and it already touched 38 retracement, maybe that was it?
CoryMitchell-CMT
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@RomanZachary, I don't know. But I am willing to buy major indexes near prior lows. Some reliable indicators point to a bottom being in place.
Published a longer article today on VantagePointTrading looking at the whole scenario and how it affects my trading.
vantagepointtrading.com/sp-500-analysis-where-we-are-and-what-i-am-watching-for/
shorts just get slaughtered on upside then market starts falling again
for the moment this seems that is what is going on