If historical tendencies hold then we might get 2 week year end rally on low volume.
Europe remains the drag on the market. Any news or statement from Europe will kill the rally or accentuate it.
Because market has gone sideways for 2 month after the 20% move from the October low, there are many much better looking setups currently.
2 comments:
Hi Pradeep,
What do you mean many much set up recently? Do you mean many earnings trading opportunity which works within the past month?
Thanks!
WK
Momentum setups are good.
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