Banks were the sector led the 2007/2007 amd early 2009 down side moves, and now Banks are leading again. $BKX touched/broke 200ema. and I expect SPX will follow before this correction complete.
The next id the current SPX daily chartMonday I think the low would be around 1030
and high around 1045/1047. Another possibility is SPX break down below 1025 and then it opens the chance for 1000.
10/31 From $BKX to SPX, spx will hit 200ema next week or 2
I'd like to have this place to post my market sense and practice and to help traders and investors dealing with mkt actions.
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