THE SHORT-TERM MODEL BELIEVES THE TREND IS UP HOLDING LONG (TRAPPED) POSITION OVERNIGHT
The bottom line, we had a typical follow-through day after yesterday’s big gain, so bulls should have no complain here, but there’s always something to worry which as usual, I’ll present my witnesses in tonight’s report. [Read the Rest]
...SHORT-TERM MODEL THINKS THE TREND IS DOWN BUT UNCONFIRMED, HOLDING BOTH TRAPPED LONG AND SHORT OVERNIGHT
I have no idea about tomorrow, the feeling is not bearish though. [Read the Rest]
...Still no tricks. The same as yesterday that VIX dropped sharply before the close while SPX didn’t rise much (in fact it’s dropping before the close too), it usually means a gap up open tomorrow. [Read the Rest]
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