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Need see more bars. Only 50% chances of higher low here as it also could be a range here or a triangle. Possible trend day, either up or down.
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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.
ES daily. Bullish or bearish market? For me, it is neither. In a base. Beneath the EMA 20. Above some support levels. Just day trading for me. No swing trades as of yet.
Charts posted are not recommendations. They are just a sharing of information.
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.
"Stocks love Mondays. A quirk of the post COVID crash trading experience will be worth watching as the new trading week gets underway. Consider the following average rates of return on the S&P 500 by weekday since March 26.
BUYING CALLS continues.
zh opined yesterday: In their feverish pursuit of unlimited upside, retail traders have given up on any hedging - thanks to the Fed which virtually everyone, both institutions and daytraders, now expects will step in and reverse any new market crash.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.