Asian markets closed in the red zone today and European markets are still trading in the red zone as of this writing. US Futures are also in the red. I wonder how the market will react tomorrow as we still ended up green with 29 points after ALI went back to its normal pricing that sent the market 50 points lower earlier in the session.
Still no trades for today, still waiting for entry points. However, I looked for rotational plays today when my primary trades goes for corrections and I found two possible trades. I will try to study their behavior for the mean time.
BDO continued to trend up for 10 days straight now, gaining 15.80%. I'm surprised by its movement though as I was not expecting it to trend continuously. It might reach 60-62 before correcting back. I am expecting it to consolidate when it corrects.
One-trading day left for the first month of my new trading system.
No comments:
Post a Comment