Today’s consolidation/resting in the market is not unexpected after the big breakouts through the 50 day moving average and all the indexes yesterday. Trading should be oriented toward the long side as long as the indexes are confirming the bobble breakouts.
August 30th Daily Market Comments
Today’s consolidation/resting in the market is not unexpected after the big breakouts through the 50 day moving average and all the indexes yesterday. Trading should be oriented toward the long side as long as the indexes are confirming the bobble breakouts.