Big bounce off lows, bullish daily candle
On this day when markets were crashing for more than half of the day I made more profits in :LONG positions.
That was a HUGE reversal!
Posted 06 December 2018 - 03:53 PM
Big bounce off lows, bullish daily candle
On this day when markets were crashing for more than half of the day I made more profits in :LONG positions.
That was a HUGE reversal!
Posted 06 December 2018 - 04:14 PM
A stunning reversal.to close almost 3% from the daily low, with QQQ and GE actually up on the day!
This could be the bottom for December and market could rally another 5 to 8 % to year end.
That's the conventional analysis but this has not been a normal year; just as Thanksgiving was down it could be same for the end of ear holiday bullish seasonal period.