Beware the bounce to half-way
A nice bounce in pre-markets, but beware the psychological resistance at the half-way mark of yesterdays losses. Likely to stall there, at least for a while.
If it passes clean through, then the bounce will have great momentum and likely recover a good portion of the losses yesterday.
If it passes clean through, then the bounce will have great momentum and likely recover a good portion of the losses yesterday.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.