S&P has become a range bound market. There is a lot of weakness. I am really surprised, after such a huge selling, we don't see heavy follow through in the price. It seems to be lots of investors are having strong bullish mindset and they don't want to be selling in this down moves.
I still believe if S&P cross 1345 level, it may have rapid down move in this market.
Not a good market to have highly invested.....
No comments:
Post a Comment