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the pullback overnight probably will be bought. don't forget roller coaster show at 2 pm today.
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FT71 showed on Bookmap how Apple earnings was a trigger for a massive stop run. Then it flat lined until Asia opened and they did what they always do.Euro zone trading brought it back down. Now we will see what happens with all short positions pretty much closed out.
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Trades with cats wrote:...
... after Asia opened ...
I do not trade the overnight and after hours stuff, but you might want to monitor (keep track of) which exchange holidays are scheduled for which countries.
A trade lower than 47, where the short squeeze started yesterday, we will end back in yesterday's trading range, if so, I am expecting more weakness to continue, Fed or no Fed.
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My comments are for entertainment/educational purpose only. NOT a trade advice.