Pre-market, Friday, June 18, 2021
Good morning traders!
Here is the recap of the market:
20 Days trend: Up, and regular, getting weaker by the day.
VIX: 19.98... a huge movement up, that is pretty much followed by the market.
Market:
We had a dip in the market, that was foreshadowed by the fact we were rejected in higher prices and started accumulating some volume in a lower price.
We can see there is some strugle going on on the 70s, but there is not clear indications of this movement down stoping yet. Nontheless, this is a great oportunity to go long, since we are in a very low price. I expect this market to recover some ground before its clos today, and a lot more on the sunday night.
Here is the recap of the market:
20 Days trend: Up, and regular, getting weaker by the day.
VIX: 19.98... a huge movement up, that is pretty much followed by the market.
Market:
We had a dip in the market, that was foreshadowed by the fact we were rejected in higher prices and started accumulating some volume in a lower price.
We can see there is some strugle going on on the 70s, but there is not clear indications of this movement down stoping yet. Nontheless, this is a great oportunity to go long, since we are in a very low price. I expect this market to recover some ground before its clos today, and a lot more on the sunday night.