Nice trading day, as the minor low on the daily triggered a ferocious short covering rally and price closed at the session at highs.
The two way auction process is in full gear, but today has to be considered notice that sellers continue to be punished resolutely and we are on Grind Up Watch once again.
But the market is in two way mode, and that can go on for awhile.
Bias, grind up/consolidation.
No comments:
Post a Comment