Yesterday saw the shorts get trapped in the Oil patch, today it was the Miners and AAPL leading the charge from a very oversold condition.
Food for thought: was yesterday’s low in AAPL ( 310.50) @ Dr. Nenner’s # of 310 going to be as big a level for a reaction trade, as the 200 day (326.55), a hairs breathe shy of today’s high?
The next time frame will tell ( tomorrow).
