Loading ...Yeah I expected it but am out but wanted to short it but as usual events prevented me in doing so. It hit a Po low but is breaking down, it has been in a down turn but lost critical support early July then the death cross came out it was obvious before but people just look at that and say well it’s happened before and rebounded so probably lost money this time so wondering if they’ll try to buy now. It has room to fall to the low 1500s and would be a major support line from the 09 low. If it breaches that then yikes uptrend support gone and now will be resistance, it could cause panic selling so if people tbink this is bad it could get worse. Just saying, and just watching.
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