Holding longs this weekend is quite a mind-churner as I have an uber negative view of the markets. However, I could be in the right to believe price action is king and in the short term providing my stop losses are not completely demoralised, buying pressure shall build up tomorrow night as the DOW opens.
A fair bit of negativity is built-in the XJO; I will find it strange if it deteriorates futher as the market closes for the day. I'll have no hesitation changing from longs to shorts as I see fit. But I tell you, from a short term trade point of view trading long & short -- you are constantly tested.
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