Post by
rkhosla on Dec 05, 2023 3:39pm
resilience
I am not entirely sure why the sp is holding up in the scheme if things so well. it is going to be another miserable quarter... people must be seeing a bit farther out into the future??
Comment by
VerificateASAP on Dec 05, 2023 3:48pm
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Comment by
llesage on Dec 06, 2023 11:44am
Not sure why you're saying the sp is holding up when to me it seems to be crashing to 3 year lows???!!!
Comment by
VerificateASAP on Dec 06, 2023 12:37pm
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Comment by
rkhosla on Dec 06, 2023 3:13pm
well the 1 month chart actually looks bullish and the 30c level seems like it was successfully defended.
Comment by
llesage on Dec 06, 2023 3:33pm
One month chart, down 20%....Three month chart, down 29%.....Plus we only had a few days in the last three months where the sp went up, probably about 1 up day to 10 down days ratio.
Comment by
rkhosla on Dec 06, 2023 4:17pm
I am seeing higher lows and a bottom that held