Well the drastic movement from yesterday's CPI was expected. Most importantly to monitor the moving trend.
Downwards trend is never a bad thing. What goes down must come up and vice versa. Will you be there to catch it, or you will be just sitting around waiting for it to hit the bottom, and when will that be? I'm personally taking the strategy to scalp these ups and downs. What's yours in this bearish market?
Downwards trend is never a bad thing. What goes down must come up and vice versa. Will you be there to catch it, or you will be just sitting around waiting for it to hit the bottom, and when will that be? I'm personally taking the strategy to scalp these ups and downs. What's yours in this bearish market?
Comment:
So far so good. Looks like it tested 1623 support first. Next will be 1678 -1788 support.
Comment:
Looks like its resisting the lowest trend line, how about that.
