As we knew in advance our 4 liter engine in our elderly Land Rover was not up to the task of hauling our new 7,500 lb Airstream so we went shopping for a pick-up truck after the first of the year. Gave up after two months and bought a used SUV with 5.6 liter V8 as an interim solution while we wait for Detroit to get it's act together. Son-in-law sold the Land Rover for us 20% over what the Blue Book said we should get.
The action so far says it's a range day, neither slow bull day nor downtrend day. Probably the low was in for today.
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Daily 2x top setup is on. for right or wrong tomorrow will tell. see the past recent 2x top sell setup. for intraday, no new HH will still result in negative price action, will see on that.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Intraday, a failure to hold up above 4238 will result in negative price action that could bring the market down following day. so....bulls will need to keep this up and up and up to new HH.
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My comments are for entertainment/educational purpose only. NOT a trade advice.