From the looks of things, today went off exactly as expected. I think the highest probabilities for tomorrow largely based on experience of Op-Ex Friday's is an opening pin close to today's close in the averages that holds in that area for most of the day until about 2 p.m. when the pin tends to be released, price action can go either way, but the last 2 hours of 3C data provide some of the best of the week.
I'll be looking for anything that is standing out and post it in the Wrap tonight, but this wasn't a big enough base to do much on the upside, it is the right size for an oversold condition which we had yesterday.
Beyond that, HYG is giving hints, the rest of Leading Indicators, breadth and the analysis in Bonds should be the most enlightening.
5 years ago
No comments:
Post a Comment