I would be extremely reluctant to say we have bounced off anything right now. We closed lower every single day last week, but we are still not near our mid december or November lows. The FTSE's battle with 4000 and wall streets battled with 8000 levels are resulting in us closing lower and lower.
mainly,how ever must admit traded Call warrants on HAR,ANG this morning,based mainly on the $30 increase of the gold price and the fact that Gold acts as a PUT ....but will wait till tomorrow to decide bout plat as their price seems fragile
Hey tjop, u still short or did you cover in that gap close this morning? See that 190 bar of death with the shorts running for cover with their overnight/w/end position? By now prolly good to be out of the short? All timeframes except daily now showing a long....
ok, so bit longer timeframe than intraday? Cause eventhough it may not be convincing today's up should be enough to at least make you close ur position and see if it continue or if it fails? preservation to me is key, it costs me but longer term keeps me failsafe!