It's scientific physics.
You have the 50 sma coming down now for 2 weeks.
It gets stronger as the market drops.
Then you have the 10 sma trying to slow it down 1st. But It's a weaker player has less power and force.
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Now the s&p has dropped 80+points from the short at the 50 sma.
Eventually you will get another fake rally.
But maybe not until tomorrow?
Too hard to say when the fake rallies will come.
Why you have to take profits on the way down.
