Still in its reaccumulation trend. Trying to put in a base and imo it appears that the composite operator has been very busy buying all dips. They will sell into all rallies however and will continue this until they are done accumulating at their desired level. We do not know for sure where the bottom is but it does look very very close. it is starting to put in a nice rounding structure and looking to cross bullishly. This reaccumulation range can take many weeks to months to fully complete. This is when you try to remain calm as possible and if this is not for you then move on to something else. i will be buying more this week if we continue to stay at these levels or lower.
Comment:
Sadly i have to preface every post and i forgot. LONG TERM DONT CARE ABOUT DAILY FLUCTUATIONS