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If break above the day high in the next couple of bars then it could be an uptrend day but since it'd be within the last Friday's range anyway so I'll treat it as a range day therefore would buy dip only.
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Testing day high, so far it's just a range day, not "an uptrend day but by my definition a range day".
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Breakout should be more likely in stead of a double top.
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'The Fed on Sunday identified 794 companies whose bonds it will be buying directly to support the market for investment-grade corporate debt. Apple, Verizon, AT&T, Toyota, Volkswagen and Daimler accounted for 10% of debt the Fed is supporting.' [WSJ]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
"The central bank can support the fiscal side, which is what they have been doing. But directly putting the money into consumers’ pockets will be a lot more helpful. As opposed to whether the Fed buys $10 billion or $100 billion of corporate bonds." [Bloomberg]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.