This chart was posted on Friday morning. The market has confirmed it so far.
1400 has not been breached yet, but I'm thinking that it will be. Futures have made new highs overnight. The A/D line shows that the rally is thinning quickly. Volume is declining. I'm expecting a turnaround after a new high today.
Sometimes weekends are so good that they need to last another day. That's what happened yesterday.
No comments:
Post a Comment