Looking to see if if breaks new highs for the week. If it does, then very bullish. Accumulation/distribution also is very bullish. Time - as always - tells all.
this is a surge/wave of buying...Ive been inactive all week.Shorted a little but just nervous about the market all week.I told myself to chill out this week and just observe to see if something major was gonna happen today.Well it looks real bullish with this up move on horrible news. Financials were solid all morning and even positive while market was neg. and that warned me that this market could go against any shorts i placed.
what are u talking about, it's all about OUT-THINKING the market (based on many indicators). oh and more important is PATIENCE.