A Look of Concern...

yup, a look of concern indeed when i c the general markets today... it needs viagra and it needs viagra fast before mama bear opens the door...

good evening,

as stated yesterday, today is going to continue the retracement / console phase and it did. i hope nobody bought because DJ closed bulls, i stated buy on renewed interest, not buy on DJ's interest.

is this the end of the rebound?? i will not say the rebound is over for now, but the market needs buying interests fast before the signal for shortist rings. close, tomorrow is important, tomorrow cannot be too weak.

today my longs did not go through again as there was no push up interest, therefore, i was not affected by the down drift. short term wise, market is bullish but getting weak.

remain cautious bulls and cautious bears. meaning?? take note of the move tomorrow, intraday wise, there will be meat for both longs and shorts depending on which side takes clear control. join the right party.

conclusion...
follow the dominant party tomorrow, short if shortist come in force, buy if longist make a return as they are not dominant today and yesterday. again remain cautious for both sides, why? short term is still bullish and mid term is bearish, when trends crash, limit exposure.

enjoy trading...Heiwa