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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.73-0.2%Dec 15 4:00 PM EST
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To: GROUND ZERO™ who wrote (90354)3/7/2017 4:09:24 PM
From: Underexposed  Read Replies (1) of 220187
 
I'm just a glutton for punishment...
Yes I think you are. This stock is now in full bear mode. I don't see a quick turn around at all.



this chart shows DB's share price is in the green cloud... that alone is not good but If you are lucky it will bounce off the lower edge of the Green cloud... but I see in other charts that it could drop to lower than $18.00 maybe as low as $17.50... this would put it completely below the cloud and that would not be good for a while... the 2 indicators below show bear and if I did a complete analysis I would see no bullish indication at all.

I don't think it will rebound for a while... at least that is how I see it. {shrug}

Good luck
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