Mid-week market update: After yesterday's downdraft and red candle, the bears must be disappointed that there was no downside follow through. Yesterday's pullback halted at support, which was a relief for the bulls, but I would warn that the current environment is very choppy, and traders should not depend on price trends to continue.
At a minimum, the bulls should not press their bullish bets.
The full post can be found here.
Wednesday, April 8, 2020
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