GOOD NEWS:
-CME Gap was completely filled.
-PA is still above the 20DMA.
BAD NEWS:
-Very concerning Bearish Engulfing candle on the Daily Close.
-Volume confirms the change in trend.
MY TAKE: I wouldn't be surprised to see the market rally into a low liquidity weekend and dump hard on Monday.
-CME Gap was completely filled.
-PA is still above the 20DMA.
BAD NEWS:
-Very concerning Bearish Engulfing candle on the Daily Close.
-Volume confirms the change in trend.
MY TAKE: I wouldn't be surprised to see the market rally into a low liquidity weekend and dump hard on Monday.
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.