Category:YBX

Yesterday ended with a buy climax so only 25% chance of strong bull trend today. (note that 25% chance is only for strong trend day, it does NOT mean 25% chance of bull trend day)

• 75% chance of at least 2 hours of sideways to down trading that starts by the end of the 2nd hour (11:30 ET).
• 75% chance of trading range day, with a couple of hours of sideways to down trading starting by the end of 2nd hour (i.e. profit taking). This means if the buying continues from the open, look to sell early reversal down will be a reasonable choice.
  • 50% chance of follow-through buying in 1st 2 hours (11:30 ET).
  • Only 25% chance of another strong bull trend day. (But do not overlook it, 25% is not a small probability to be ignored! ⚠️)
  • Only 10% chance of strong bear reversal day.