Pre-market, Thursday, June 3, 2021
Good morning traders!
Here is the recap of the market for this morning:
20 Days trend: Up, slightly weakened during the night due to the fall of the market.
VIX: 18.77. It's rise overnight, shows the movement down was for real.
Market:
The market moved down overnight, since there were no hints last night of this happening, this could mean we fell and will get up, or that the market is making a reversal. In any case, the VIX will be a great allie to identify this.
Since we are at the lows, and very close to where I think we might fall, I'm adding to my long.
Long at 4179
Stop at 4167.50
Target 4211.50
Here is the recap of the market for this morning:
20 Days trend: Up, slightly weakened during the night due to the fall of the market.
VIX: 18.77. It's rise overnight, shows the movement down was for real.
Market:
The market moved down overnight, since there were no hints last night of this happening, this could mean we fell and will get up, or that the market is making a reversal. In any case, the VIX will be a great allie to identify this.
Since we are at the lows, and very close to where I think we might fall, I'm adding to my long.
Long at 4179
Stop at 4167.50
Target 4211.50
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.