Trend is Still Down - $ES_F
Updated
Although we have seen a good rally on Friday, but trend is still down. It was nothing but a short covering rally. If futures break above 2694-2700sh area, we might get a chance.
Note
As expected .... trend is still down. To go long, I would NOT be first. I want to be right. I'll start leap calls when VIX is below 30.
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