Buyers lack conviction. sellers lack conviction. End result range bound action.
Individual stock action does not show lot of setups for intermediate term swing trades. 3 to 4 days weak bounces and rally failures is what you will find in most cases. It continues to be day traders market. However next earning season is fast approaching and that will likely offer some good trade opportunities.
Individual stock action does not show lot of setups for intermediate term swing trades. 3 to 4 days weak bounces and rally failures is what you will find in most cases. It continues to be day traders market. However next earning season is fast approaching and that will likely offer some good trade opportunities.
No comments:
Post a Comment