Thursday, February 8, 2018

ALERT: Markets Calm After Wild Trading, But This Is Worrying…Plus A Warning From A Legend

"Markets have calmed after wild trading, but this is very worrying…Plus a warning from a legend in the business.
Wild Trading In Major Markets May Not Be FinishedFebruary 7 (King World News) – The following is from Andrew Adams at Raymond James:  S&P 500 Was 5 Standard Deviations Beneath the 10-Day Moving Average: One of the many signs of downside extremes this week was the fact thatthe S&P 500 was 5 standard deviations beneath its 10-day moving average, the most “oversold” it had been since August 2015. Hopefully, this is yet another sign that the worst is behind us..."
at https://kingworldnews.com/alert-markets-calm-after-wild-trading-but-this-is-worrying-plus-a-warning-from-a-legend/

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