TRADERSAI - A.I. Powered Model Trades for Today, THU 08/08
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Bear Trap, Bull Trap, or Consolidation?
The aftermath of the recent market sell off could be interpreted - as of now - as a potential bear trap (if you are bullish), a potential bull trap (if you are bearish), or a consolidation of the downside move.
Our models have not formed any near term directional bias, yet, and are in an indeterminate state, waiting for further analyses of today's and tomorrow's daily closes.
In the mean time, read below for our models' trading plans for the day.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.