- Ryan Mallory
This bounce today is totally different than the one we saw on Monday.
The strength is there, it is actually pushing above the 5-day moving average and breaking through the previous day's highs. Monday's rally had none of those qualities to it. It was simply a dead cat bounce. As a result you have to shift your attention to the long setups. And yesterday, I posted a nice list of long setups that you should be watching. So here is to me hoping that you took advantage of that list today....I know I did.