Thursday, February 8, 2018

Friday Trading Guideline

The major stock market indices dropped down from resistance on Wednesday then continued selling off on Thursday.
 
Whether or not the equity market needs to consolidate the large decline on Thursday is anyone guess, but the stage is set for the market to plunges lower to the next support at their respective 200-day moving average, either Friday or early next week.
 
The stock market remains in crash mode going into Friday.
Image result for stock market in crash mode