Huh.... it is sorta tracing the last drop after all, expect more whipsaw.
Generally speaking, during a big tank week like Asia had, Fridays wind up being an up day just because shorts will cover to lock in profits.
Bullish for tomorrow, but I wouldn't hold any long positions over the weekend. Not worth the risk, plus teh overlay says down again anyways.
Generally speaking, during a big tank week like Asia had, Fridays wind up being an up day just because shorts will cover to lock in profits.
Bullish for tomorrow, but I wouldn't hold any long positions over the weekend. Not worth the risk, plus teh overlay says down again anyways.