Trend down day?
Friday's not usually a rally day, but would be a bullish sign if we do get another relief rally into eod. Anticipation is a bounce into Noon and then trend down again to lod at eod.
Today might be the Rollover day? Yesterday was a bit strange with the rally on Negative news, now we get selling on slightly Positive news, strange. With all the whiplash it is hard to determine continuation of direction. Nothing wrong with taking any short term profits though. Missed a couple daytrades on SPXU, perhaps today also, but holding for more of a swing, we shall see.
Have a Wonderful Weekend!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!