Fairly Common Pattern

of trading on a day like today looks like the crude drawing below. The market gaps higher, experiences a little shakeout, continues to rally and then churns midday. The midday churn sucks in a lot of short sellers, particularly on a 1-1:30 pullback below the daily VWAP. If the market rallies back […]

By |October 13th, 2008|Education, General Blogs|Comments Off on Fairly Common Pattern