It has been a very interesting week. Typically in the morning, we move down 200 pt in the Dow and then move right back up. People are expecting another rate cut during the Oct 31 meeting.
Right now, the sentiment is very weak bullish. The test is going to be at 13802.80. If we close above that value for 3 days in a row then the sentiment will be strong bullish. We are in wait and see mode before placing any trades because we ARE WAITING FOR A TREND.
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