Web Statistics Bearish flag showing

Wednesday, 28 August 2013

Bearish flag showing

I was awake at 3am this morning and witness some pretty heavy sell stops going off one after the other today, and it seems that they were not finished today, and we are most likely to see more of the same either today or possibly later in the week.

Also we have broken out of a bearish flag on the DAILY SPX CHART so the bears are still winning here, and giving alot of weight to the market right now! OUCH!

bearish flag on SPX chart
bearish flag on SPX chart



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