The afternoon has brought the weakness I was looking for. With an hour to go I don't expect a melt into the bell but I don't expect any real bounce either. I am not pressing any shorts here in front of the news but am waiting for a confirmation that we really are going to trade lower intermediate term before pressing.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
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- Other than one purchase just now in some CHRW (tra...
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- The sleepy lift higher that started yesterday was ...
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- This is a very ordinary looking bounce without muc...
- The bounce is in full force today and I'm using th...
- It's been a hard trade this morning attempting to ...
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