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#3386
RS2OOO
Keymaster

There’s some statistical evidence to suggest U.S stocks will take another leg down.

Unfortunately the only way this can be invalidated is by a candle close beyond 18,200 area, so stops would need to be above that, currently 200 points away on DOW (price as I type is 17,975) or above 2126 on SPX (36 points away)

Downside target for such a short is difficult to predict as there are numurous supports between 17,620 and 17,160 ish.

  • This reply was modified 5 years, 8 months ago by RS2OOO.