The overnight futures action hasn”t
The overnight futures action hasn”t extended down. That”s not necessarily a plus for forming a durable bottom, but it could still serve as a base from which a bounce can be launched. Already buncing already this morning would be less productive than for a morning drop to probe one more low that shakes out the last of this round of weak longs. But if this first hour makes it through the first hour without resuming the drop, then I”ve got several issues I”m dying to pull the trigger on. And if the first half-hour hasn”t folded, then we”ll start reviewing their specific entries. Regardless, you”ll have symbols and price triggers shortly…
