Pre-market, Tuesday, June 29, 2021
Good morning traders!
Here is the recap of the market:
20 Days trend: Up
VIX: 15.43
Market:
The market kept its momentum up during the night, it even bounced from the VPOC of current VA. This is usually a sign that the market is ready to go higher from here, if we manage to keep this momentum, I expect to see a new VA develop on top the current, if we fail to keep this new VA, and come back here, it may be an oportunity for the shorts. For the time being I'll stay long from here, and even add to a little deep close to the VPOC.
Here is the recap of the market:
20 Days trend: Up
VIX: 15.43
Market:
The market kept its momentum up during the night, it even bounced from the VPOC of current VA. This is usually a sign that the market is ready to go higher from here, if we manage to keep this momentum, I expect to see a new VA develop on top the current, if we fail to keep this new VA, and come back here, it may be an oportunity for the shorts. For the time being I'll stay long from here, and even add to a little deep close to the VPOC.