I bought the "dip" - Did you? Short Term
Diupdate
Mathematically speaking, because that is all that is behind this.. I bought the dip. I am looking for the market to do well for the next week, week and a couple of days (what is most important, is the price target). Just that lower high.... then look out, the "Fed meeting" (sense the sarcasm, I don't give two cents about the news) is going to be bad news and sink the market even lower. Of course, if I am wrong, todays low is very important. But I believe i see a bull flag on SPY setting up on the lower time frames so use those stops but I am bullish short term. Very bearish outside of the short term. We have not even begun the drop .. 70 points off the high? That's nothing.
Funny how we landed at the 410 today isnt it. Gee.. what a surprise!
Funny how we landed at the 410 today isnt it. Gee.. what a surprise!
Catatan
I wouldn't be surprised if we had a gap up tomorrow... well see... some good news like Russia is just visiting the Ukraine and doing some shopping and boosting their economy. Some nonsense garbage headline.
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