It's turning out to be beary scary as we endure another trading session with very light data, but also very light volume - so far.
I thought I would look to the GOLs for a clue as to what we can expect next.
They started out the day with a frantic nosedive of a market open, hitting a low of 5059 on the FTSE and closing the day at 5130. However, that's still 7 points below the 50% daily Fib level. Is it a clear enough rejection of the 5000 level or will more tears be shed?
Why are we doing this, GOLs? I just renamed my blog to ForexDiva's 2 Percent In Investing... don't make me rename it to ForexDiva's Death In Day Trading!
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