Today we see a beautiful example of market inertia in play. We ended yesterday with a gargantuan sell off at the end with minimal, if any, buy support along the way and at the bottom. This is VERY likely to see a followup move back down again with buyers giving up.
Market inertia can be a very important aspect in trading strong trending days and it really makes sense. EVERYONE wants to see it come back for them and as soon as it does, they all pile on and shove the market once again!
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