75 replies to this topic

[redfoliage2]

BTW, bond market indicating money running away from stocks in accelerated pace into bonds since yesterday.  So it looks that bear market resumed .................

Edited by redfoliage2, 10 March 2023 - 10:25 AM.

[redfoliage2]

As I said earlier today to reverse this bearish setting SPX needs to get back above the 200 dma currently at 3940.51  .......................

Edited by redfoliage2, 10 March 2023 - 11:16 AM.

[redfoliage2]

Below SPX 3940 bounces likely to be sold ....................

Edited by redfoliage2, 10 March 2023 - 11:55 AM.

[redfoliage2]

As bounces getting sold I'd expect to see accelerated selling late in the afternoon as funds execute transfer from stocks into bonds, same as yesterday .....................

[redfoliage2]

More updates are posted at https://www.traders-...market-resumed/

[linrom1]

The big mystery is why banks aren't first to collapse in bear markets?

Edited by linrom1, 11 March 2023 - 10:13 AM.