daytraders nov 17 pre market

  1. 18,874 Posts.
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    Well don't blame me I'm just on my first coffee...
    DJIA cops a 178 point fall...urrrh
    The Chart below will show there may be more to come if 11000 mark dosn't hold imo apart from the bottom bollie there is nothing there to hold it...
    So it maybe a trade down to the 50D SMA (blue)& 38.2% Fib..white arrow.10850 ishh?
    My main concern is the 7D SMA pointing down its saying more to come will we retest the 50% Fib 10700 Red Arrow good Q time will tell..
    Tin Hats should be worn be quick on ones feet if you find a runner...imo
    Good Luck to all..
    Cheers Pete

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