Sunday, January 10, 2016

We Just Witnessed Something Not Seen Since The 2008 Collapse

"We just witnessed something not seen since the 2008 collapse.
December 8 (King World News) – Jason Goepfert at SentimenTrader:  Early-bird traders have shown some sense of panic.  U.S. stocks have opened more than 1.5% below the previous close on three out of the past four sessions, a rarely-seen level of pre-market concern only seen when traders are fearful of a broken market structure or global financial crisis.
KWN SentimenTrader I 1:8:2016
Even during the depths of a bear market, though, consecutive gaps down like the past two days have recovered enough to close the gaps every time, usually within a week, some comfort for short-term bulls at least..."

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