HGSI Doc Top Down Review 2.11.2018
Another week and another round of sell offs.
We ended up on a high note with reversal candles on the major indices.
The VIX is high so this may actually be a time to buy. The question may be not that the market will go up this week but rather how quickly it reverses. Will the 50 day SMA turn out to be resistance.
Please join me on my Top Down Review where I look at the market and develop my thesis for the direction and response to the market.