I'm downside biased. We're seeing some nice position covering and some people "buying the dip".
I am hoping today stays nice and green. I think we'll head up today to levels shown... possibly stay green range tomorrow but am *bearish* until we see 3050/3060 area hit. Assuming on Friday or early next week. Selling the "pops" and will average in positions if markets hit the next higher resistance areas.
I am hoping today stays nice and green. I think we'll head up today to levels shown... possibly stay green range tomorrow but am *bearish* until we see 3050/3060 area hit. Assuming on Friday or early next week. Selling the "pops" and will average in positions if markets hit the next higher resistance areas.
Note
One thing that's always funny is the timing of things. Obviously this hit my target at least a day before I had expected. Eyes are on the daily 200sma.
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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.