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Intraday: it is bearish that we have a swing low, Bulls are hanging to on just to survive another day, bears need to close under yesterday's low will put on more pressure on the selling side.
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Last edited by BullBear52x on Fri Aug 11, 2023 1:38 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
With Banks are in green, it is hard to believe that this matket wants to down. High yeild index option adjusted were prininting lower as of yesterday, it should have been higher since the market went down yesterday. As long as Boank index is green, we are going up in my opinion,
get your zzz's. sideways till september. 4400 ish should be a great entry level. prepare for a very good run before the needed correction/drop end of year/early 2024.
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