Commentary

7/10/20 Summer Friday xCC

There was a good midday trade setup yesterday of buying the bounce off of late morning weakness. The quarterly xCC numbers suggested holding CO which worked out and then there was a chance to buy off a possible low.

CO turned out to be OK last night, it is Friday. I’ve been calling this lipstick day because “they” can paint the weekly candle to make it look a better or worse.

My wild guess is that the direction will be positive today, so I’m holding my long for a bit.

PS. Held for an extra minute or two.

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