Pata, welcome back! I would appreciate some of your thoughts on the recent market action. I think there was serious bottoming action starting late last week. My turn dates were showing Mon as a intermediate low, but today looks a bit better. We'll see what happens on Opex. Good to have you back. Ciao.
Hi, Thanks for the kind words. Yep, todays early morining action was quite clear bottom, to be honest the late selloff surprised me abit but the type of bounce demonstrated to be bullish. As a hint: watch YM, IMO it is the leader at the moment. On the other hand many good traders are expecting some more "shenanigans" around 200SMA before the final leg up...
Pata, welcome back! I would appreciate some of your thoughts on the recent market action. I think there was serious bottoming action starting late last week. My turn dates were showing Mon as a intermediate low, but today looks a bit better. We'll see what happens on Opex. Good to have you back. Ciao.
ReplyDeleteHi,
ReplyDeleteThanks for the kind words. Yep, todays early morining action was quite clear bottom, to be honest the late selloff surprised me abit but the type of bounce demonstrated to be bullish. As a hint: watch YM, IMO it is the leader at the moment.
On the other hand many good traders are expecting some more "shenanigans" around 200SMA before the final leg up...
GL