The market roared back to even from being down 185 points today. Fortunately, the call proved useful buying on the 200 day m.average. Look at how the 1 day chart of the S&P formed a cup and handle pattern (see “education / chart patterns”). Expect the market to continue following through on technical support. China is showing bad numbers for tomorrow though, so we will see. If not, will not sell until 200 is broken.
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