So Why do I think "Mrkts will go Up" because>>
Look at the charts
Mutual Funds spent the weekend, picking their poison knowing Mondays prices would drop. Then Today they kept their action below the line, as Retail investors sold off, as MarketMakers pulled back, and more Retail investers sold.
And under the cover of Darkness, Mutual Funds and other Institutions bought their selections. and by 1pm they moved in earnest to get the job done before guitting time, by 2pm buying a little higher, and by 3pm they were still under the cover of below Open, fighting to buy more and more prices rose to much over Open, with the fear of others seeing thru their disguise, they quickly dropped buy pressure, sold a few that they did not really want, and believe it or not, somehow the closings were almost perfectly back to the Open, nearly impossible, but somehow it all happened.
If you were a Buyer today, or even tomorrow, you could be among those reward. If you believe this Fairy Tale.
General Market Indices 10min Interval Charts [ siliconinvestor.com
Trade at YOUR OWN: Risk, DueDiligence, RiskTolerance. Trading Responsiblity is Totally Yours! You are Spending Your Money, no one elses! Be Wise, Be Thinking, Be Deliberate! Be Lucky, Chichi2 |