Pre-market, Thursday, June 3, 2021
Good morning traders!
Here is the recap of the market for this morning:
20 Days trend: Up, slightly weakened during the night due to the fall of the market.
VIX: 18.77. It's rise overnight, shows the movement down was for real.
Market:
The market moved down overnight, since there were no hints last night of this happening, this could mean we fell and will get up, or that the market is making a reversal. In any case, the VIX will be a great allie to identify this.
Since we are at the lows, and very close to where I think we might fall, I'm adding to my long.
Long at 4179
Stop at 4167.50
Target 4211.50
Here is the recap of the market for this morning:
20 Days trend: Up, slightly weakened during the night due to the fall of the market.
VIX: 18.77. It's rise overnight, shows the movement down was for real.
Market:
The market moved down overnight, since there were no hints last night of this happening, this could mean we fell and will get up, or that the market is making a reversal. In any case, the VIX will be a great allie to identify this.
Since we are at the lows, and very close to where I think we might fall, I'm adding to my long.
Long at 4179
Stop at 4167.50
Target 4211.50
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