Markets closed higher as expected.
We mentioned in the last idea to watch for a kiss back and fade it.
This did not disappoint...the major, red uptrend line is very important.
It's a resistance line now without doubt.
Today finished well off the highs as risk is elevated to hold over the weekend.
We could be seeing a in the making..the bottom red line is critical.
Something fearful is coming for wave C down.
Technicals warn you, the news follows.
Trading is about consistent analysis and execution of signals.
It's one of the most difficult occupations...emotion is the enemy.
Accept losses, take profits....stay in the game.
A collapse is coming...be ready.