Today's Market Ananlysis
Today the market is surprisingly strong. The bearish down trend still need more confirmations. Tomorrow will be CRITICAL for both bulls and bears. IF tomorrow
1. close up, then BULLS win, then still another leg up.
2. close down, the down trend is then confirmed.
For tomorrow's day trading:
1. IF gap up, then buy QLD at the low
2. IF gap down, then buy QID at the low
3. IF no gap, then wait for the trend signals before jumping in
The market is forming the top now, but as a bear, I am also very careful here because the Bull's last run could be powerful....
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment