Couldn't catch a break today. Felt like a lot of selling pressure on the breaks I was watching. Time to double my dosage of
St. John's Wort so as not to slip into a depression for my failed trades.
Big time hurt-down put on the
Energy sector. Big time sell-off in the
DJIA end-of-day on high volume, but it found relative support at the 20EMA.
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The Russell2000 was fed a plate of whoop-ass today; falling through its trendline and not quite down to the 200EMA.
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S&P500 dipped just below its trendline. Looking for a bounce back above the 50EMA tomorrow, or else...b-bye.
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As for the Nasdaq; more selling, bringing the index down to the lower range of it's channel still above it's 50EMA. The selling could have been a lot worse for sure.
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