Don't buy the dip until it gets near 72,000. Buying the dip now is just throwing your money away.
The daily chart shows a bearish engulfing pattern, and there's another leg down ahead. At most, tonight's nonfarm payrolls report might trigger a brief bounce, but it'll still fall afterward. After being hammered this hard, don't fantasize about a V-shaped recovery tonight—the odds are very low.
The daily chart shows a bearish engulfing pattern, and there's another leg down ahead. At most, tonight's nonfarm payrolls report might trigger a brief bounce, but it'll still fall afterward. After being hammered this hard, don't fantasize about a V-shaped recovery tonight—the odds are very low.
