Notice the Swings in July seem biggest on Fridays – that seems to say that in spite of Wall of Worry – there is a consistent bid at the end of every week despite 50-70 point swings
Interesting – considering the overall bearish bias I read from most traders. But as chessNwine points out here we have a rising 50 & 200 DMA
I think I’ll Play short on Monday Open spike which should be close to 1400 and cover at S1 which should be around 1350
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