The bearish sentiment is also visible throughout the online financial media.
Thus, the market is oversold and ready for a bounce. I am ready to try the long side again starting today.
I think the first opportunity to enter the market will arise after the 10 am economic data today. A minor sell off that does not break yesterday's lows will be the ideal setup as I see it right now. An advatage is that stops can be placed not too far below.
No comments:
Post a Comment