There is Always

another level of potential resistance when the market experiences a counter trend rally. That level appears to be the close from last Thursday (near 3050). A pullback towards 30.00 (near the 5DMA) would be ideal, but not necessary, for a new level to launch higher from. Be careful not to let your guard down, protect gains.


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.


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