Ugly daily chart as the market opened high then closed in red forming kind of so called bearish reversal day, but who cares anyway, looks to me that many people believe the mad cow is now back, so any bearish signals could be discarded. Well, all I can say now are if this still is a normal market, then a little bit bigger pullback should be imminent.
A little little little little bullish biased toward tomorrow, because seasonality is generally bullish for tomorrow but not so bull friendly after tomorrow and after after tomorrow.
Disclaimer
The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.
