Yesterday's day session low was above Monday's low when market sold off very aggressively. Does that mean that the market could rally today and stay within a range.
After yesterdays sideways action is the market ready to trend again. Good day to watch VWAP line.
After yesterdays aggressive sell off, bulls rallied 50% of the sell off. Or is the beginning of sell off after market rallying for last several weeks.
It seems, market will open gap up. Question is will it retrace and close the gap while testing 200 MA.
Market rallied during overnight session. Given that market has made lower highs all week, it is very likely it will sell off to test 200 MA.
Since February 25th high market has made lower highs. I suppose market might sell off this morning then rally like yesterday.
For the fourth time market has touched this level near 2814 but it sold off aggressively yesterday.
Overnight session market came within couple of points to testing 2800. However, it sold off aggressively. If market does rally to test 2800, then it will be the fourth time to do so in last five months. It is important to note that this rally has been mostly with less than average volume. Which makes this rally a suspect and how much higher can it go.
Overnight session market traded within a tight range, less than 10 points. Also market could not hold trading above 200 day MA in smaller time frame chart in smaller time frame.
Overnight session market sold off and tested yesterdays day session low and now it is testing the high. Nice V shape.
Market just sold off aggressively this morning. I wonder if there is going to be a rally to test overnight highs.
Market rallied yesterday despite VIX being very low. Need to watch financial and industrial Spyders for market direction.
It looks like market is going to have gap up open. Bulls were very aggressive on Friday and closed on High of the day.
After yesterday's sell off market rallied up during overnight session but could not get over 2700.
Last couple of days market has been trading within a range. Overnight session market sold off very aggressively towards Monday's lower trading range.
Yesterday was like being on a roller coaster ride.
Overnight market sold off and came right back to yesterday's day session high.
Let's see if bulls can continue this run.