4 replies to this topic

[NAV]

http://money.cnn.com...fear-and-greed/

 

This is consistent with the number of posts and  by the chief. 

 

We are now at fear levels seen during the fall of 2016. 

 

There is no way we are going to break the -120 on NYSE MCO which we registered a couple of days back. So a bullish divergence is in works. I think a little more downside to the 200 MA is pending and that should seal a bottom of some sort. 

 

 

[redfoliage2]

The 200 dma is likely to get tested.  If not tomorrow, then likely next Monday.  ES had it tested overnight a few days ago but the cash market escaped it.

[trioderob]

I would like to see a higher number on the $ trin

 

so far this is an extreme - yet orderly selloff

[da_cheif]

tonite there is a 24 handle premium above cash in the es.......prior to every blast there is a dose of ugliness that will fade into a  pimple on the charts just as occcured in 87 and 09

[tommyt]

Correct Nav, the Mc Osc is on a potential divergence swing. These normally lead to decent bounces/bottoms of some sort.

 

http://stockcharts.c...id=p83733137120