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Daytraders After Market Lounge 21st Jan, page-67

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lordzhon

3,750 Posts.

269

22/01/16

08:07

Post #: 16846661
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Originally posted by mitta ↑

morning all,

after recovering well off its lows of yesterday SP500 atm has continued on with Wednesday's (shakeout) action ....atm up abt .9o%

possibly could recover to abt 1940pt area .. that's the area our last ray of sunshine was dashed with that huge trap upmove

now back in Oct 2014 the SP had a similar (candlestick) action .. not saying its going to recovery anything like that one but yesterdays low (dip) is in the same area and should form at least a short term low

not that its action will effect us over in spec land

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Hi Mitta, I am wondering this question as well. Does the action of the general market affect spec land? Can you elaborate? Thank you
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