Category:YBX

Yesterday ended with a buy climax.

• 75% chance of trading range day, with a couple of hours (at least 2 hours) of sideways to down trading starting by the end of 2nd hour (11:30 ET, i.e. profit taking). This means if the buying continues from the open, it is reasonable to look for reasonable short entry for ORVD.
  • 50% chance of follow-through buying within 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! ⚠️ Also note the "25% chance" is only for strong bull trend day, it does NOT mean 25% chance of all bull trend day)
    • Even when there is a 2nd strong bull trend day, there is a 90% chance that there will be a pullback below the high of 2nd hour.
  • Only 10% chance of strong bear reversal day.