Once again, early morning strength turned into afternoon weakness Friday. The indexes are now looking toppy with recent downdays on higher volume. This shows distribution, but..the trend is still intact. I would like to see how these support levels hold up. Hopefully, we can see some consolidation above these areas.
I didn’t trade Friday, and got […]
I don’t have much time tonight, so this post will be short. Today’s reversal didn’t damage the indexes. They are still technically bullish, but I think it’s best to be cautious here. Two stocks from my Watchlist gapped up above their buy points (One was CLNE which I bought early), and I also had two […]
A very choppy day, with the S&P 500 and Dow both closing lower on heavier volume, but not exactly a distribution day. The trend is still very bullish. The trend is your friend until the end. Anyone calling a top and shorting has been getting clobbered.
I had a trigger today in VOLC, which looks good.
Although […]
