It May Be Time To Ditch Buy The Dip And Turn To Sell The Rip
September 24, 2020 at 04:00 AM EDT
Well, that went the way it was supposed to. Fill the gap, continue the previous trend. The index opened at the gap fill at 3,320 and once the bulls couldn’t pierce that level, the decline began. It broke 3,300 and never could reclaim it; it was over.