Trader Brian Jones on Twitter: "I think what happened today is when the 50 sma support didn't hold it set off a massive sell order. Which was a signal that a negative cross would be coming next." / Twitter

I think what happened today is when the 50 sma support didn't hold it set off a massive sell order. Which was a signal that a negative cross would be coming next.

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Trader Brian Jones

@MasterBJones

Aug 26

I was busy this morning, had a doctors appointed. I wasn't focused. I should of known when the 50 sma didn't hold that was a bad sign and don't buy for a bounce trade. But no excuses. Everyone's Busy. Days like today are very important to put the time and get it right.

8:04 PM · Aug 26, 2022Twitter Web App

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This post really helps understand how to use them as levels. Thanks for transparency

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I think it was a fake out all along 200 ma was strong like you said a few days ago got rejected and I knew that meant nothing good 600% day for me if it held I think we broke to the upside

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The news about pain and recession by Powell did not help

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