Market Rejection!

August 8, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The market is weak technically and there is more downside to come.

PRE-OPEN MARKET COMMENTS THURSDAY - There are some cracks in the dam and the market is weak. The speed and magnitude of the drop the last few weeks are a sign of heavy selling pressure. Any bounce will provide us with an excellent entry point for swing shorts.

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