DislikedI have some thoughts to share, that might be only partially related here, but maybe interesting while we're waiting. From a macro point of view, I'm not sure about today direction. Let's see: - We had 3 strong up days. - We're at the end of the month of huge down swings. This means that funds and institutionals have a lot of re-balancing to do. This probably started this week already and injected a lot of liquidity, together with the FED's unlimited QE for treasuries and, more importantly for stocks this created this inversion. I'm obviously talking...Ignored
As a poor human small/medium trader I see current friday trades in this perspective: since last January week, friday was the base for monday open.
Sometimes or better say often with huge gaps (and not only on down side).
This is my guiding light for today.....
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I call upon my father's spirit , watching over me