Pre-market, Tuesday, July 13, 2021
Good morning traders!
Here is the recap for the market:
20 Days trend: Up and very strong.
VIX: 16.05
Market:
We got a very tigh ranged movement overnight, keeping us up, but at the same time not braking out higher. The low volume makes it easy to spot on why the range wasw so thigh, but from what I've seen, market usually makes a retest before going higher in this kind of situations, so I would expect for the market to do a small deep before continue its journey up. I'm still long, and will add if we got to see the deep.
Here is the recap for the market:
20 Days trend: Up and very strong.
VIX: 16.05
Market:
We got a very tigh ranged movement overnight, keeping us up, but at the same time not braking out higher. The low volume makes it easy to spot on why the range wasw so thigh, but from what I've seen, market usually makes a retest before going higher in this kind of situations, so I would expect for the market to do a small deep before continue its journey up. I'm still long, and will add if we got to see the deep.
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