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feels like we should have extended the highs rather than failed...Any stats in the Cobra's basket of the typical day following trend days Up in summertime? recent history (no statisticals-quick visual only) shows its typically narrow range and settles near unchanged...
Weakness in DJT and the reversal to new low in BKX has me a bit wary of getting long...
Bulls make money, Bears make money, Pigs get slaughtered (OR run big banks into the ground for a billion $ bonus)
joe-gamma wrote:feels like we should have extended the highs rather than failed...Any stats in the Cobra's basket of the typical day following trend days Up in summertime? recent history (no statisticals-quick visual only) shows its typically narrow range and settles near unchanged...
Weakness in DJT and the reversal to new low in BKX has me a bit wary of getting long...
so's XLF , well, that is when JPM doesn't carry the load.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Monitoring the center line of a long term black channel now at approx 1353. Bulls want the market to close above this level.
Second glance at the chart reveals that ellipses are pointing to tomorrow Tuesday: I'm expecting a nice move and the action around 1353 will determine if it's to the upside or downside...