The market opened strong, then was hit with brutal selling. A couple of stocks that I was holding from yesterday were stopped out, but I was able to hang on to the strong ones, which rebounded in the afternoon and held up through some late afternoon selling. Today’s action was either bullish or bearish, depending […]
A strong start to the day, with many stocks from my Watchlist triggering near the open. But a strong whipsaw move knocked most stock lower, and it was mostly choppy trading from here. Some rest here in the market is expected, but will it continue to move higher? The S&P 500 still has some room, […]
The 20-Day MA proved to be support in the S&P 500 today. It bounced from here, but volume was very low. The S&P 500 is still trading in this rising wedge pattern, with some room for more upside.
Since the 20-Day MA provided support for the S&P 500, it was resistance for UUP. The dollar is […]
