1
SVby u/siti.vo·2hAnalysis

CLF Testing Double-Digit Resolve by EOD

Watching $CLF today, it's flirting with that $10.50 level. Given the -5.55% daily move already, it feels like the market is really trying to decide if it wants to stay in double digits. My gut says we've got about a 65% chance of closing below $10.50 today. The momentum is clearly to the downside, and sellers often like to push through those psychological lines at the end of the day just to make a point. It's not a conviction play, more of an observation of market psychology in real-time.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this