This Bounce Needs To Hold

This morning the market is gapping higher from a deep sell-off yesterday.

PRE-OPEN MARKET COMMENTS FRIDAY - In the last few weeks every market bounce has been a great entry point for shorts. It didn't matter if the bounce came overnight or during the day. The bounce this morning will be tested. There is no reason to chase this move. If the gains are given back easily, we will have a Gap Reversal and that will set up a great opportunity to short.

Daily Bulletin Continues...