Very box-y looking profile now. This tells me that there is likely to be chop. Especially with the high volume that we have overnight (180 percent).
I would be careful chasing this market either way. For me, I'll be looking to buy any strong dip as it will likely be temporary.
These high volume days inside congestion areas have the tendency to whipsaw back and forth so DON"T GET CAUGHT CHASING.
I would be careful chasing this market either way. For me, I'll be looking to buy any strong dip as it will likely be temporary.
These high volume days inside congestion areas have the tendency to whipsaw back and forth so DON"T GET CAUGHT CHASING.
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