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05/11/2018 Market Recap

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Cobra
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05/11/2018 Market Recap

Post by Cobra »

The up today again proved that the up momentum is strong. However, up 6 days in a row means Monday has only 37% chances to close up again. Let's see.
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Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/11/2018 Market Recap

Post by Cobra »

The day trade today.

Still sick, even worse because I had to limit eating pain killers as label said no more 3 days (eating) while it's already been 5 days...

I didn't know what the market was doing whole day anyway. The feeling was the pullback would be bought, it's not bear day yet. And finally I spotted the turning point here (viewtopic.php?f=2&t=2872&p=254092#p254092).

The whole 3 legs down I was in bed, so didn't get the chance to say this bear shall have legs or the rebound would be sold something. Well, I'm always not sure whether bear shall have legs anyway.
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