The market was setup to go long and play the range at the close. Its been the full proof pattern 3 times now.
I say the 4th time (today) Bull will get trapped. 4hr chart (which is my favorite to tell the story) looks set for a pullback.
My guess is futures open green and look bullish - make it to an area where there's not a lot of demand and continue bearish into the morning.
The COVID noise on TV will help bears here.
I say the 4th time (today) Bull will get trapped. 4hr chart (which is my favorite to tell the story) looks set for a pullback.
My guess is futures open green and look bullish - make it to an area where there's not a lot of demand and continue bearish into the morning.
The COVID noise on TV will help bears here.
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Puts did well today in the low! Nice trading.