Large portion is concentrated to the last hour and there is a huge after-market buy volume waiting for price manifestation. All indexes had the similar effect, buy RUT counted the biggest buy insertion.
Lack of time, please find two charts. I promise I'll come back and explain.
First shows daily results:
Second shows volumes with after-market
Institutional money made a huge bull bet. The question is the effect in prices will manifest in few days, and it's contra-effect. These days are extreme.
---
Today I'd be still long on 1-day and there is more and more confirmation on bull side.
15 min gave a clear signal of market easing at 12:43 EST.
Chance for a big, long-term rally is low now, market is still uncertain. We need more confirmation to detect safe market.
I dont know the future, and I'd never bet a month in advance. This is a trader blog.
Personally I invest in gold and goldmines or metals only.
We had a very interesting day today with extreme after-hours market internals. I will come back later or tomorrow morning and write a post with charts and detailed analysis.
Have a great week-end!
No comments:
Post a Comment