There’s been a short-term change in the environment with many countries around the globe being overbought and the US being oversold.
Based on the early morning futures the pullback is going to continue and this may offer us an opportunity to gain additional long exposure at advantageous prices.
Making You a Better Trader
To improve, you must continuously learn…
Ernie Chan is one of my favorite researchers and I always enjoy reading his work. I just completed his new book “Algorithmic Trading: Winning Strategies and Their Rationale” and highly recommend it. I immediately came up with strategy ideas which we are now testing and anyone reading this book will be able to do the same.