Thursday Market Chat from StatsEdgeTrading
Hard Reversal
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MY THOUGHTS
That was a very ugly candle in the markets, but we need to keep the longer-term trends in mind. I would assume that we are in for a few wild days, but in a longer-term uptrend, we would expect this to be a nice buying opp.
As always I will be building a list of names and then waiting for the turn to happen to load back up on the powder I now have dry from profit taking.
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