I think there needs to be a break below support before confirming a down-trend.
I think I'll wait at least till S&P 500 breaks below the 200 day moving average.
Even then, I would like more probability of a downward trend developing.
A break below 3,000 & I will probably consider my entry into BBUS.
P.S. I'm no expert in Technical Analysis, just know the Basic, basics.
BBUS, page-5522
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2,958.8 |
Change
17.070(0.58%) |
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