A down day today !
As mentioned last night, the magic green line has kept the bulls under 4 days, today will be the 5th day.
Euro hitted a high, then a big down last night and now is about 1.39.
Oil is around 70. Gold ~ 939.
Shang Hai index down ~1.9%, and all European stock markets are down now.
Fortunately, we forcasted this morning's gap down correctly. Hope you have taken some profits yesterday, or set up some short positions yesterday.
Based on the moving pattern of QID this morning, I feel that yesterday 's 1,879.92 of NASDAQ may be a top/high for some time. More confirmations will be developed and posted here.
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It's up now. man
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