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06/18/2021 Market Recap

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Cobra
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06/18/2021 Market Recap

Post by Cobra »

Volume surge again, so still could be a rebound the next Monday, just it's closed near the low of the day so generally on the next Monday we'll have a lower low first at least before a possible rebound. If Monday simply keeps going down then be careful it's no longer the past bulls anymore, something changed.
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User avatar
Cobra
Site Admin
Posts: 58335
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/18/2021 Market Recap

Post by Cobra »

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Downtrend day not confirmed, called the range low right mostly right until the last couple of minutes which shouldn't count.
viewtopic.php?f=2&t=4651&p=295415#p295415
viewtopic.php?f=2&t=4651&p=295424#p295424

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