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Bank of America sees end of bull market coming in 2018: Here's how it will happen
[URL="https://www.cnbc.com/2017/11/21/bank-of-america-bull-market-ending-in-2018-how-it-will-happen.html"]https://www.cnbc.com/2017/11/21/bank-of-america-bull-market-ending-in-2018-how-it-will-happen.html[/URL]
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Punched through 24083. Correction - should be 24194
Looking for sideways/pullback action to kick in here
I could be wrongLast edited by farming101; Dec 1, 2017, 22:48.
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Ya, 24194 didn't hold it down did it? I think it closed below that for all of two trading sessions.
Then of course it became support.
Onward and upward. Low grade indicator says 25370 for the next pause.
It would take a series of closes below 25,000 for the next week to indicate weakness and closes in the 24425 area for anyone to get cold feet.
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Does any of this have absolutely anything to do with the strength of the companies that make up the DOW and their financial performance OR is this whole thing purely speculative and chart based investment/trading.
A few RRSP dollars will likely be looking for a home in the equity market in the next 7-8 weeks as well, likely another false push up on the market.Last edited by farmaholic; Jan 4, 2018, 16:15.
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