Post-market, Thursday, April 8, 2021
Good afternoon traders!
Here is the recap for the after match of today:
20 Days Trend: Up, and getting slighlty stronger.
VIX: 16.9, went further down, it agrees with the market going up.
Market:
The market ended balancing in the higher ground from previous VA, creating a new VA there, as it has been doing lately. Right now it seems we have braked that VA also, and looking for higher ground. The possible scenarios as I see it are:
1.-We start to balance in the new area, being rejected in VAL froim previous VA.
2.-We go higher, without balancing.
3.-We fall two VA behind.
I'm currentlly willing to go long at 4087.75. Wrong at 4072.25. Tp at 4107.
Here is the recap for the after match of today:
20 Days Trend: Up, and getting slighlty stronger.
VIX: 16.9, went further down, it agrees with the market going up.
Market:
The market ended balancing in the higher ground from previous VA, creating a new VA there, as it has been doing lately. Right now it seems we have braked that VA also, and looking for higher ground. The possible scenarios as I see it are:
1.-We start to balance in the new area, being rejected in VAL froim previous VA.
2.-We go higher, without balancing.
3.-We fall two VA behind.
I'm currentlly willing to go long at 4087.75. Wrong at 4072.25. Tp at 4107.