05/20/2022 Pre Market Thoughts
Short-short term: Up a couple of %Mayb
Short term: Down
Long term: Down
Boring day probably. Maybe the market turns around to the upside, but it just looks very unlikely. I think between the closing bell and opening bell on monday it will be MUCH MUCH easier to tell again what direction the market will move in.
Even if it is not a big drop between bells, I feel like one is easily coming soon and being set up.
I don't trade in areas where the price moves up, but looks horrible to continue in that direction.
Short term: Down
Long term: Down
Boring day probably. Maybe the market turns around to the upside, but it just looks very unlikely. I think between the closing bell and opening bell on monday it will be MUCH MUCH easier to tell again what direction the market will move in.
Even if it is not a big drop between bells, I feel like one is easily coming soon and being set up.
I don't trade in areas where the price moves up, but looks horrible to continue in that direction.
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