Took the day off yesterday and of course I miss the volatility!
I think this market looks weak here. After a strong push away from 40 last week, we return right back to 40 a few days later. You do not want to see that if you're long.
However, the buyers have shown resiliency, so I expect a strong fight out of them today.
I think we try and push higher but look for the market to have trouble getting through 78, before we turn lower again.
I think this market looks weak here. After a strong push away from 40 last week, we return right back to 40 a few days later. You do not want to see that if you're long.
However, the buyers have shown resiliency, so I expect a strong fight out of them today.
I think we try and push higher but look for the market to have trouble getting through 78, before we turn lower again.
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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.