11/09/2016

Situational Awareness


Based on breadth trends market is in downtrend for few weeks.  
There was a bounce in last 2 days.Overnight futures are down.
Personally I will see how the market acts in next 48 hours before making any big commitment.
So far in last 7 to 8 years markets have recovered from such selling.
I will watch for breadth thrust to signal change in buying or selling.

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