As I mentioned over the weekend, I thought we would see a good bounce late Monday, early Tuesday. However, I am skeptical on the strength of the bounce and I still see a larger down move coming. I am holding a long position during the short term though. Thank you for your analysis George.
Good call. I would have bought TNA today around 662 on the RUT. Will try to do so tomorrow.
ReplyDeleteThanks, Win, but I really don't deserve too much credit on the daily calls, because they are not my judgement, but rather the output of an indicator.
ReplyDeleteAs I mentioned over the weekend, I thought we would see a good bounce late Monday, early Tuesday. However, I am skeptical on the strength of the bounce and I still see a larger down move coming. I am holding a long position during the short term though. Thank you for your analysis George.
ReplyDelete