So far the market is still busy with satisfying bears. Many intraday traders now also will start to switch to a bearish bias. But... actually what is happening right now is nothing else than the slowly and sneaky process of a short to mid term trend reversal.. today and maybe also tomorrow the confusing up and downs will in play again. Then maybe tomorrow evening some with loaded shorts will wake up and realize how dangerous it was to marry their shorts. If this doesn't happen tomorrow then surely on the Monday after the weekend many will wake up to a bullish gap but then it will bre already too late. Short and simple.. 1.12 is in sight.. call it a retrace or a trend reversal or whatever you name it.. we will get there very soon.. my half cents..
Happy Trades
Happy Trades
Be a seer, not a looker!
Ata's Trend Hunter V3.6 All Time Return:
4.8%