When I wrote last,
I suggested that the market
might hit a "spark' this week that would ignite
a very sharp short covering rally,
leading into the 4th of July weekend.
That is precisely what happened.
The crystal ball, as it turned out, was very clear.
With the S+P 500 Closing June 30,at 3100.29,
price has now reached almost perfect resistance setup
Hard to imagine, how well that was done.
I'll leave it up to you,
how you decide to "play" the trading for the rest of the week.
Yet I still am of the opinion
that it's probably best to "stand aside"
for the balance of the trading week .
Plan instead,to return next week,invigorated by holiday spirit,
ready to do battle against the all consuming,invisible enemy.
My sincere thanks for reading, and for your unwavering support.
THE_UNWIND
6/30/20
NEW YORK
I suggested that the market
might hit a "spark' this week that would ignite
a very sharp short covering rally,
leading into the 4th of July weekend.
That is precisely what happened.
The crystal ball, as it turned out, was very clear.
With the S+P 500 Closing June 30,at 3100.29,
price has now reached almost perfect resistance setup
Hard to imagine, how well that was done.
I'll leave it up to you,
how you decide to "play" the trading for the rest of the week.
Yet I still am of the opinion
that it's probably best to "stand aside"
for the balance of the trading week .
Plan instead,to return next week,invigorated by holiday spirit,
ready to do battle against the all consuming,invisible enemy.
My sincere thanks for reading, and for your unwavering support.
THE_UNWIND
6/30/20
NEW YORK