Price has retraced into a level that is in for demand to flood the market. My stand for tomorrow friday is consolidation. If I were going to push the market higher for next week, I'll want Friday trading day to be an in trading day. I wouldn't want the market to go up or down, but consolidate. That will be a signal to me that market will be going bullish for next week.
However, if the market for Friday should trade and not consolidate, but rather create a new lower low. Then I can look for a reason to buy.
However, if the market for Friday should trade and not consolidate, but rather create a new lower low. Then I can look for a reason to buy.
