Today $TICK closed at -743, which is extremly reading. What will happen tomorrow? As now, the /ES is down 6 points, which indicates it will likely gap down tomorrow morning.
Are we going to see more negative $TICK reading tomorrow, down to -1000? Will the future going similar to 06/06/2011 to 06/08/2011? Two more futhere down then oversold bounce?
/ES keeps dropping down. Not look good!
Trading idea:
1. NCT: in the passed two days, very low volume pullback. Today it closed at 9EMA. If the market is up tomorrow, NCT could bounce from there.
2. ALKS: close right at 50MA. Watch for a possible bounce tomorrow?
No comments:
Post a Comment