A little little little little bit bullish biased toward the next Monday because there’re 66% chances a green day after a Major Distribution Day (NYSE Down Volume to NYSE Up Volume ratio >= 9).
The bottom line, it could be just a normal pullback so accordingly nothing needs to be worried. But for now,pay attention to “for now”, all the evidences I have are arguing that this is just a beginning of yet another down leg which in a worst case could last as far as to around 07/31. I’ll present all those evidences in the weekend report.
Enjoy your weekend! |