OTCQB:EMHTF - Post by User
Post by
p0ntiffon Jul 04, 2018 11:48pm
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Post# 28270517
Markets have the jitters....
Markets have the jitters....Wow, what another bad day. So much for the US markets not affecting the CAD markets. Sheesh, when will this downtrend end?
We've broken through S2 on the 1 month charts, and falling towards S2 on the YTD charts. With support broken, it's not looking good short term. Let's hope people take advantage of the price and buy back in, but it's anyone's guess.
Markets have anxiety, according to Bloomberg, and they are comparing it to 2008: this was a great time to buy into the markets. During the dive, if you held, you would have been fine. But people panicked sold at the low and probably bought back in after the prices had recovered. Something to learn from.
https://www.bloombergquint.com/markets/2018/07/04/rife-with-anxiety-markets-churning-at-fastest-rate-since-2008