S&P had a strong push today. It has been moving in the range of 1358-1392. Until this range is broken, its not a good idea to trade in the market.
We had a strong positive push and market shows momentum today. We need follow through day to make it a strong move. So far we have seen one strong move and then couple of weak days and it is fustrating for the market.
Not a good idea to take major risk in the market .....
No comments:
Post a Comment