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Market structure
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JD70
Posted 3/14/2019 08:10 (#7379548 - in reply to #7379502)
Subject: RE: Market structure


In spite of what I believe is going to happen to think this downtrend is a given is foolish at best.

Proving that point was this morning's market at 4:30 the market started what seemed to be a strong up move and the kind of move that would have given a big signal to the shorts to reach for the door. At 5am it was stopped in its tracks by an announcement that the US -China summit was off.

That gives the bears a reason to hold out.

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