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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (46643)3/10/2011 3:41:33 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 70517
 
Approaching the 10 percent correction levels we discussed earlier. The volume is not high enough to indicate that this is over though. Look for the strength of the bounce tomorrow or Monday to indicate how orderly this sell off has been.

NASDAQ



SP500



DOW



Financials



Oil



Even gold not a safe haven.

Gold


If you trialing stops have not already taken you out of trading positions the re-bound in the next few days will be seen as a second chance. A lot of traders will not wait for a break of the recent high to get back into the market. We will trade down to side ways for a while.