Pre-market, Tuesday, May 25, 2021
Good morning trader:
Here is the state of the market:
20 Dyas trend: Down, and weaker.
VIX: 18.4, it looks like it has been stalling at its current location. It something to kkep an eye today.
Market:
The market somehow managed to go higher at a slow rate overnight, and right now I will be cautious about how to handle it, as it now truly feels as this market might make a correction/reversal from here, or a break higher. VIX will be key in telling if the direction is consisten.
For the time being, I'll remain neutral.
Here is the state of the market:
20 Dyas trend: Down, and weaker.
VIX: 18.4, it looks like it has been stalling at its current location. It something to kkep an eye today.
Market:
The market somehow managed to go higher at a slow rate overnight, and right now I will be cautious about how to handle it, as it now truly feels as this market might make a correction/reversal from here, or a break higher. VIX will be key in telling if the direction is consisten.
For the time being, I'll remain neutral.
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