And that will insert some time into this. There is another possibility as well----A move back inside the lower band with a strong rally, or a combination of both.
The bottom line on trading is that whichever direction you choose, get out quickly when wrong and maximize profits when right.
It's starting to look a lot like yesterday... Unless dumbo Trump changes his mind Saturday morning they should be fine.
Long-only market but people are still selling their shares. In my opinion there could be a little rally, On the daily we have a decent measured move. Looking forward to short a nice bounce. Risk Reward is still down until proven otherwise.
no, all indecies will close in bear mark territory near term, including dow, a must condition for consolidation. there is no reason for rebound, tariff money hasn't been collected yet.