I guess it's Hope or puke day for the shorts from thursday and friday...
we all know my bias... As I type it, stay firmly in control of your emotions, if you are in Puke or hope mode... you are fucking up!
Before the author tracks back to me and writes me hatemail... Come'on... I agree with you there seems to be some weird Monday buying. But besides a chart with some arrows on it, what do you have...
Could be some kind of Dollar Trade Imballence which gets the futures going, sparking off some short covering. It also could be behavioral, but once it's been spotted it tends to be short lived.
The last 2 weeks the profitable thing to do seems to be fade the Monday move (Not specifically on Monday, but to fade the swing), which is easier than buying the pullback, or selling after the pullback.
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