gudio, i must say i am just confused as heck right now as to which direction the market wants to take ng today. I was previously under the assumption that the market had not priced in this cold frost we have been experiencing the past week and a half, but based on the report yesterday, it looks like they might have.
Even in pre-market thus far, there is no clear indication which way we are heading, which is surprising to me considering the drop yesterday. Usually you would expect to see a medium to high correction upward, which is not happening yet. But that's not to say it might still not happen.
I am going to remain on the sidelines i think to start to see how the trading progresses. But i am still of a view that we should see a somewhat bullish run into next week, before going bear into spring
Lets see how it plays out