In my 20 plus experience in looking at the market and its currently daily chart I would say that the market is going to be going down in the afternoon. It very rarely opens down, climbs back up and hangs under the line for a bit then jumps up above the line.
I would expect things to turn lower in the afternoon as traders become pessimistic about the lack of gains earlier in the morning.
Again, check back with me on the last 30 minutes of trading for any developments.
Tradinginsider
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