When the s&p didn't hold the 50 sma.
That was a bad sign and now we know why.
Now the 50 sma is resistance and if it stays lower the system with give a sell signal by tomorrow.
But I jumped the gun in advance assuming that we will get a sell signal.
Conversation
Replying to
On the 1Y 1D chart it looks like we have support at 4413. Will be interesting to see wht happens at that lvl
Replying to
Outstanding, many of my real money makers was due to picking up options cheap; due to jumping the gun early...