In the afternoon session, fading test of the morning's high expecting a return to the high volume area were good scalping trades. The probability of these trades increased with the fact that the sectors were not showing much of an increase in bullish strength. The bounce in the last 15 minutes was a bit of a surprise due to the sluggishness of the market. However, the finish above today's Point of Control is a bullish sign.
Charles
No comments:
Post a Comment