Pre-market, Monday, July 12, 2021
Good morning traders!
Here is the recap of the market for the day:
20 Days trend: Up and strong.
VIX: 16.76
Market:
After last weeks deep and recover, the market is trying to balance up top, using the VPOC as it support. since we are keeping the acceptance up here, I think we are going to keep with the long trend, and maybe a little bit o lateral mocements. I will expect this market to keep balancing in place, so I'm willing to take a shot at a long if this one deeps arount the VPOC.
Here is the recap of the market for the day:
20 Days trend: Up and strong.
VIX: 16.76
Market:
After last weeks deep and recover, the market is trying to balance up top, using the VPOC as it support. since we are keeping the acceptance up here, I think we are going to keep with the long trend, and maybe a little bit o lateral mocements. I will expect this market to keep balancing in place, so I'm willing to take a shot at a long if this one deeps arount the VPOC.