Will there be follow through | stockbee


Will there be follow through

Last 3 weeks we have seen steady and persistent selling punctuated by few days of positive breadth day.

But so far the T2108 has held up well so probably indicating a pullback kind selling.

TVIX is something to watch , if it has follow through selling will spread. So far most spikes have been a failure.

Overall all things point to pullback in market after a torrid move from bottom.

Not enough evidence to be super bearish. I remain acutiosh and very lightly invested and trading more on intraday time frame.

If sell off continues “strong structure” stocks will be vulnerable to selling . So for shorts will look for fading strong moves.

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