MR. MIYAGI
I have p-bar down to about 59.70 on SSO at 3:05 ET [edit: exactly 59.70 on freestockcharts; also on stockcharts]
5 min chart
SSO
Can you confirm?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
They're backing off from the highs because they want this thing to gap up. So the rally should continue for a typically non-bearish Friday. I'm just guessing ...
I don't like this. this is not a typical strong up day should be.
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Petsamo wrote:They're backing off from the highs because they want this thing to gap up. So the rally should continue for a typically non-bearish Friday. I'm just guessing ...
“If you are wondering why all of a sudden there has been a big move for markets today, consider that stocks with the highest short interest are leading the charge”
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
“If you are wondering why all of a sudden there has been a big move for markets today, consider that stocks with the highest short interest are leading the charge”