Here’s a glance as to where we are in the big scheme of things. Yes, today probably feels a lot worse than it really is, after trading a tight range for several days. But, we finally got the pullback to the 20 day moving average, and could continue to pullback to 2120, and still be considered bullish.
This is the dip most have been waiting for, are you man enough to take it? I will be waiting for the oversold signal to flash inside Exodus, before getting greedy with my buys.
Here’s a daily chart of the S&P 500:
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What are you trading today? Here are today’s movers: CLICK HERE