Yes - that's what we need to say to the market - because immediately after the exit point,
NASDAQ , S&P500 , Russel , DJ began to advance. Yesterday S&P 500 advanced 0.57%.
So what's now ? Well It's a difficult situation. We have strong bulls with positive divergence here but the bears are still around. So I can't call it a long nor short. I am neutral till further signs from the market.
4 comments:
To bad we missed the long side yesterday.
Yes but I like to trade on the safe side. Being the market changing direction in such a harsh way is always difficult to trade.
Are you looking to go long or short 7/13?
At the monemt the market looks very strong but scalping here with shorts can be a good idea. Anyway - I dont trade. I missed the train.
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