Last week futures collapsed overnight, can the same thing be said for tonight, no....so my take is after a huge ending to the week I think futures will see a bright spot tonight, I think people already forgot what a down market feels like and are anticipating another move higher going into monday, so keep those rally hats on as the dow makes its way back to 17,000....i will continue to add more short positions on every tick higher as I know the market is certainly not done going down, down, down
:eek::eek::eek:
Yeah, it's a "liquidity vacuum"...the market has already rallied more in a week than it has in the past 6 months, but it's "deeply oversold" as they like to say...but this is bear market price action regardless of how much it rallies...bull markets nowadays are the low volatility always gap higher overnight variety that RM loves to tout.
