Market has been betting on a pullback for 6 months - its getting stale. Money on the side will start to flow back in soon because such low volatility and a sideways market can't be sustained.
Many individual stock charts support this - there is so many bullish charts out there, reversals just sitting at lows and waiting, breakouts pending, breakouts failed but held up at breakout point. NUH, EPT, DTZ, TPS, BAR all examples.
There will be some big green days over the next couple of weeks IMO - being in a position to benefit is critical at the moment. Active day trading but willing to let runners run when they do is key.
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- Morning traders Nov 21
Market has been betting on a pullback for 6 months - its getting...
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