Just looking at the Foot over the last few nights, if you go through the list of components, almost all sectors/stocks were down regardless of industry. Even the "defensive" drug makers and food retailers were slammed, which indicates a degree of capitulation.
There maybe another push lower, but around 2002-3 lows im looking to trade with long bias for a move back up to 3950.
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tuesdays tide, page-126
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Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a |
Open | High | Low |
7,865.5 | 7,976.9 | 7,865.5 |
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