The market is undergoing a change in sentiment from
bearish to bullish as indicated by options on the major indexes. The Russell 200
has already changed and the DOW and S&P are trending to a change today.Of
course much could happen over the long week end but if the result stays in place
on Tuesday, look for a move up and if daily bias supports, go the long
side.
The Next Day Trades are continuing to yield over
80% winners and are heavy on the long side today although bias so far is
strongly negative.
Jim White
Pivot Research & Trading
Co.
PivotTrader.com
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