Moves like the one today in the morning, just a huge rally is what for me makes difficult the read and the holding.
Past rebounds made me think market would rebound fast ignoring the signal. Next day was a red day for me, and turned back to shorts.
Here this can be a pivot, but holding Friday's range will just make this whipsaw within daily range.
We might reach oct 4th lows. Flat to bearish.
Past rebounds made me think market would rebound fast ignoring the signal. Next day was a red day for me, and turned back to shorts.
Here this can be a pivot, but holding Friday's range will just make this whipsaw within daily range.
We might reach oct 4th lows. Flat to bearish.
Comment:
well this ended up better than what I expected...