choose day

I can't choose which way I think we go from here !!

Last night both the DJIA and SPX pulled up right on the good ol' 55 day SMA. I thought that was interesting because the first thing I noticed today was the difference between the percentage drop of the 2. If the DOW (-2.35%) had been in step with the SPX (-3.06%) drop then the DOW fall would be around 261 points. but both pulled up right on the 55 day sma. Interesting.

That would be a nice place for bull market bounce.....by the same token I would expect a pause here if we are still to fall further....maybe ??