Bear market rallies, steepest advance since 1933
In 41 so-called bear market rallies since 1928 — gains of more than 10 percent that are later wiped out — equities fell an average 25 percent after peaking.
In 41 so-called bear market rallies since 1928 — gains of more than 10 percent that are later wiped out — equities fell an average 25 percent after peaking.
learn how to trade S&P 500 emini futures. Looks like the range is getting tighter and tighter. We had a quick run to our low of 905.75 right after open today, and from there we began a long day of what reminds me of the game Pong. (anyone remember it?) Bouncing around in a 5 point channel between 909.50 and 914.50. We did sneak out a few times, but each time managed to find ourselves back in the fence.
Learn how to trade futures, S&P 500 emini futures Opened today @ 879.50 after yesterdays 868.00 close, leaving us with a nice 11 1/2 point gap to fill. Being thursday gave us a nice indicator to watch for a change in direction. After open we kept with our 2 day up trend peaking @ 887.00 this morning before breaking through support @ 879.25 early this afternoon giving us our change in direction and filling the gap shortly after 1’oclock. Point of control today being 875.00, with an intraday low of 864.50. Nice little sell off just before close today (I wish I was in on!) closing out at 869.00. Let’s see what tonight brings and be ready to make some money in the morning.
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