Like I said the market will retrace back up to last Friday morning gap (SPY at 116). Now there is a morning gap from today at 114 for SPY.
CLF bounced off from 50 mark at support level.
Yesterday action was a tale of two cities. The bear won in the morning but the bull won in the afternoon. Due to late bull run, I have to give it to the bull win that day.
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Today morning gap is filled.
ReplyDeletenow what the heck is going on.
ReplyDeletecan't get any upside traction and starts diving out of no where.
vismi
got my a$$ whooped in upro
ReplyDeleteclosed it out.
oh well
should have cut my losses on the rebound
i need to get some lunch. i probably look white as a ghost right now with that ass whooping
valgyno
The market will probably closed breakeven today.
ReplyDeleteThere is a chance that QQQQ will closed to around 47 target and SPY around 114 target.
Well... this is a little bearish.
ReplyDelete