There we go. Market never does the obvious.
Wasn't really panic selling yesterday. LTers are gonna be more convinced than ever to never sell.
Nevertheless, most of the speccies aren't LT holds.
But dangerous to try and become an amateur psychologist and try and predict market behaviour too far out.
Bitcoin bounced too but needs to get over $8000 and test that level again and then try for $10,000. Still in downtrend.
I reckon peeps will be watching the US futures again and that might be the best guide for market mood.
Fun and games.
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- Day Trading Pre Open - 7 February 2018
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