Stock Markets May Have Reached Top Peak After Continuation of Blow-Off – By Todd Horwitz, Bubba Trading

 

12:30ET Markets starting to look heavy here, you’re starting to see some breakdown in the system. Looks like some sellers are starting to come in. Nothing has changed overall but looking at the chart we may have reached a little bit of a top here. We will be looking for an opportunity to sell the equities for a trade. Bit of fishiness going on.

~~~~~~~~~~~~~~~~~~~~~~~~~~

Todd’s Daily commentary and analysis can be found here: https://tinyurl.com/y8jylo5y 

Financial Markets and Political Commentary
 

Tags

, , , , , , , , , , , , , ,

Related Posts

About the author

Todd Horwitz - Author of “Average Joe Options“. Todd began his trading career in 1980 at the CBOE. He was one of the original traders in the OEX & helped start the SPX. He is a member the CME where he trades S&P futures as well as foreign currencies & is a regular contributor to CNBC, Bloomberg, BNN, Fox & many other major news networks.