Last night I picked 1000pts down but I beleive we will rally tonight and that today was capitulation. The market will still decline further towards next target around mid 7000 but shortterm we have a major low IMO.
The size and speed of the decline has taken the market rapidly to a level where it is well overdone.
Further intervention is likely... Be interesting to watch
1000pts bounce, page-39
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
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