Good morning traders,
I am back and refreshed after about a week away from the screens. Usually thanksgiving week is pretty slow, with an upward skew, but boy that wasn't the case last week.
I don't expect the fear of the new Covid variant to keep the markets down for long, I just think the market had to price-in something that wasn't previously priced in. This is most likely why we got the selloff last week.
It is pretty thick above us, but I would expect the market to eat through a lot of that volume as we try to get back to the "scene of the news crime" which is around 4700.
Full disclosure, I did not create that phrase, that was coined by FuturesTrader71.
I am back and refreshed after about a week away from the screens. Usually thanksgiving week is pretty slow, with an upward skew, but boy that wasn't the case last week.
I don't expect the fear of the new Covid variant to keep the markets down for long, I just think the market had to price-in something that wasn't previously priced in. This is most likely why we got the selloff last week.
It is pretty thick above us, but I would expect the market to eat through a lot of that volume as we try to get back to the "scene of the news crime" which is around 4700.
Full disclosure, I did not create that phrase, that was coined by FuturesTrader71.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.