Yesterday was a slow bounce day for the markets and today brings the end of a tough week for them as well. Today's direction will pivot on whether or not the small ledge this market is standing on is undercut early. If it holds and the market doesn't begin another fall, look for the boys on the street to take them higher and to push those short to cover.
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.
You can add comments by clicking on the comments link below any posting.
- Today didn't offer a lot although we were able to ...
- Not a lot to say ... a small bounce on anemic volu...
- As the market settles in for the last couple hours...
- I've added a few more oils to the list of shorts a...
- I don't think we can carry a bias today as the tra...
- Yesterday I began shorting a couple of the high fl...
- They finally gave us the break yesterday with some...
- After a day of early strength and another fade thi...
- Stick a fork in it as the market confirms the brea...
- Oil's surge and the inability for the financials t...
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