Trend is your friend.
Spend time to cement the fact that the market is in strong down trend.
So the high probability trades are bearish. There are no doubt occasional bounced up, but the easier trades are bearish.
The four sisters are teasing the lows at close today. Watch the price action, it the low is broken tomorrow, the move will be spectacular.
On the other hand, if the market bounced tomorrow, it will be quick and furious too.
So keep your powder dry for tomorrow could be another interesting day. If it is not, what the heck just wait for a good entry.
shorts:
longs:
If you find this blog beneficial to you, please donate to your favorite charity.
Link back to the Blog
No comments:
Post a Comment