RSI oversold and it hit the bottom channel line.
Overshoot is a possibility, but I would be more inclined to expect a gap up tomorrow. Usually when the market tanks all week Friday winds up being a green day because of short covering
Overshoot is a possibility, but I would be more inclined to expect a gap up tomorrow. Usually when the market tanks all week Friday winds up being a green day because of short covering
Note
BTW, today shows you how much money the Euros have in the US market. Today was a total Euro tank. Seems they have money in certain stocks as well as indices and futures.Order cancelled
FDAX has overshot the channel twice already so I'd be careful about going long now that the US market has filled the gap and reversed
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.