Markets didnt look to bad today despite the sell off across all major indices. The reason i say this is because the S&P500 and the Dow both held above support at around 805 and 7900 respectively. The NASDAQ had a larger relative drop than the other 2 indices, but it to is holding at support above 1340. While i think these support levels will hold, (speculative only), if they do break it could cause the kind of chaos that i sadistically enjoyed watching during late september and october. A break of current support would most likely mean a test of the lowest low across that occured 11/20-11/21.
Weekly Watchlist
12 years ago
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