strong down move in gu, very rare a strong down day is all by itself with up bars either side, so monday in theory should also move down, how much is hard to say with bank hols.
there has also been virtually NO profit taking even after this large down move today despite there being a bank holiday on monday for jap AND usa. to me that says the pros are very happy to hold their shorts for now and are expecting much lower.
there has also been virtually NO profit taking even after this large down move today despite there being a bank holiday on monday for jap AND usa. to me that says the pros are very happy to hold their shorts for now and are expecting much lower.