Charts indicate intensifying selling pressure
Matein Khalid My short idea on Mr. Market was a beauty in Sept, with the S&P 500 down 4.9% and Nasdaq down 5.8%. Even though Street folklore, sentiment U-turn and seasonals argue that the index will mean revert now, I believe we will drop to 4200 level and violate the 200 DMA trendline. If so, all hell will break loose. There are too many matador swords dipping […]