Wednesday, February 10, 2021

DBX AB/CD - Update 3



The best part of today was the open. We gapped up by 24.78(today's open) - 24.15(yesterday close) = 0.63, which is .63/24.15 = 2.6%. That's significant. Which may be why longs could have taken some profits. Of course, I don't know if either is true, but a nice gap up is certainly a Bullish indication.

We closed the day right on the 8ema and not under the 8ema. So, based on that, I don't see a good reason to exit. We'll see what happens tomorrow.


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