SHORT-TERM MODEL SEES A DOWNTREND, HOLDING NO POSITION OVERNIGHT
The bottom line, we might see rebound starting from tomorrow but more likely the selling isn’t over yet, so the rebound if any is sell. I’ll, as usual, present my witnesses in tonight’s report. Stay tuned.
A little bullish biased for tomorrow because TCK closed below –1,000, there’re 73% chances (11 out of 15) a green day tomorrow.
The long setup of the Cobra Impulse System wasn’t confirmed today but the system will try to buy the dip again tomorrow, see table below for more details.
|MECHANICAL TRADING SIGNALS|
|DEMO ACCOUNT FOR SHORT-TERM MODEL (Attention: This is not part of Cobra Impulse System)|