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Today is like an action+drama movie.
Bulls and bears had big fight today. Not sure who won?
This morning, SPY confirmed the trend change, but last half hour, it broke the downtrend line. If SPY confirm the trend change again tomorrow, then bulls wins
But again heavy resistance is waiting for bulls ahead. Unless bulls gap up and flying higher. If that is the case, run, bears.
Both 10yr and 30yr yield gap down and stayed low, that is not good for stocks.
US$ broke down the support, and EURO broke out trend line. Let's see if they will follow through tomorrw.
Yesterday, we said today is very important, today we say tomorrow is very important, tomorrow we will say ......
HT. |
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