It All Boils Down to the Close
We finally have a pretty strong intraday reversal, which took out the early lows. The question now is whether the bears finally press a bit or do the dip buyers do their thing and bounce us right back up?
It all boils down to the close. A weak finish would be an indication that maybe a slight change in market character is setting in. I don't expect the dip buyers to back off quickly or easily, so I'm not going to be too fast to trust in a reversal until there is a dip that actually lasts more than a few hours....77 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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