Market

[Pascal]

Not much weakness today: neither on the 20DMF nor on the small caps.


Pascal

[Pascal]

Below is the list of today's long and short ideas.
We can see that except for the BOV, all the long ideas are higher than their highest entry point.
We can also see that 6 out of 7 short-a-bounce type of idea are higher than the entry price.

This indicates that the whole market is bouncing higher. It is not a good idea to enter new individual positions here.

Tomorrow will be a dull day because Monday is holiday.

Hence, no new trade for me today and tomorrow. Better wait for some new opportunities next week.

Note also below that NQ8 stocks are attracting heavy buying even after the gap up.


Pascal

[Pascal]

We are now close to the short level.


Pascal