The index attempted to rebound yesterday for a second day and failed.
Yesterday it pulled up most of the day and ended below the open and below the previous close in high volume.
It would have to climb some 7% to claim back its previous up-trending channel. This will take time, if we ever get there.
More caution is warranted from here.
Yesterday it pulled up most of the day and ended below the open and below the previous close in high volume.
It would have to climb some 7% to claim back its previous up-trending channel. This will take time, if we ever get there.
More caution is warranted from here.
