Head Fake?
After opening higher and trading strongly before reversing and closing down for the past several days, many pros are on high alert for the same to occur today. The market is now within the "Magic 20 minutes"; if it does decline, now would be the appropriate moment for that decline to begin. (In fact, even as I write, the COMPX already has lost ~7 points of the previous +30...)
But do not allow a possible head fake to become a head butt; this trade is too obvious. Stick to your knitting. We soon shall see how this affair plays out.
But do not allow a possible head fake to become a head butt; this trade is too obvious. Stick to your knitting. We soon shall see how this affair plays out.
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