iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Can I Get Some Support?

The $S&P 500 index is down a whole 1% this morning, but feels a lot worse given the action in individual names. With the pullback this morning, it brings us back to the scene of the crime 2120, a level that started this move to all time highs over the summer:

screen-shot-2016-10-13-at-8-52-36-am__

Should we fail to hold here, we likely have a date with the 200 day moving average, near 2070. Let’s see if we find some buyers in here.

Developing….

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2 comments

  1. djmarcus

    Lot of names on my screen green…

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