Commentary

6/15/20 Probable x00

The x30 pain was confined to the overnight session, it was certainly playable to buy the late morning rally today. The x00 is a buy signal but the good entry was around 304 at 2PM, 307 seems a lot higher.

There is a chance for a reversal on Tuesday, sort of the flip side of Tuesday being a buy on a very weak Monday.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s