Early optimism didn't last long
US Stocks are negative after the early flurry.
I remind you that today is the biggest day for earnings in this quarter (8.5% of companies of the index are reporting)
I am still pessimistic and bearish about the index (you can see why in my previous analysis), and the 61.8 retracement still remains a key level (do not forget about the 3000 mark also), and we still have not seen the C wave.
I remind you that today is the biggest day for earnings in this quarter (8.5% of companies of the index are reporting)
I am still pessimistic and bearish about the index (you can see why in my previous analysis), and the 61.8 retracement still remains a key level (do not forget about the 3000 mark also), and we still have not seen the C wave.
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