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Blood Bath from the Get-Go

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    It was a blood bath on Wall Street today. The indices started the day with a little pop to the upside, but they weren't able to make any progress, immediately sold off, had a late morning bounce, and then got crushed strongly downward, making a tick of minus 1567, something we haven't seen in a very long time. It's extremely oversold, and the Mcclellen Oscillator got to minus 210, or so, and they then staged a late rally. Only in the last half hour it looked like there was some late selling,

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