mf_editor posted an update in the group Trend Followers 4 years, 6 months ago
Currently, all up days, either 800 points at opening or 470 points as of now, is simply a rebound in the process of downtrend. If offers opportunity to exit long positions or initiate short/put positions for aggressive traders who know how to control the risks. Main observation point is to check whether the gap-down space can be filled or not. If not, then downtrend will happen or is happening now.