Post-market, Monday, June 21, 2021
Good afternoon traders!
Here is the recap of the market:
20 Days trend: Up and very weak.
VIX: 17.90
Market:
We saw the market come back after the last week crash. This was a very quick recover, and now we are back at the top of the last VA. From here, I will like to see some resistance, and even come back down to the VAL. If we keep seeing this market marching higher at the VPOC, it may mean we won't have a retracement, at least not just yet, maybe higher.
Here is the recap of the market:
20 Days trend: Up and very weak.
VIX: 17.90
Market:
We saw the market come back after the last week crash. This was a very quick recover, and now we are back at the top of the last VA. From here, I will like to see some resistance, and even come back down to the VAL. If we keep seeing this market marching higher at the VPOC, it may mean we won't have a retracement, at least not just yet, maybe higher.