Today's Action: Premarket as of 7:10 AM EDT

LRHR 8/06/2020 07:10:00 AM Daily Action 5 Comments

Market Overview

Premarket Down
BTC Up
Gold Up
WTI Down
Brent Down
Bonds(yield) Down
Vix Up
Initial Jobless Claims at 8:30 AM
Germany set for rebound, but European earnings slump
Article:Young investors have flooded into bitcoin during the pandemic, while the older generation can't get enough of gold, a team of JPMorgan analysts said

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.