Good morning Traders! Welcome to a new year and a new trading week. We did not get the rally (window dressing) into the close that I expected to see at the end of the year, but we bounced right back up near the highs last night, nonetheless. We are left with a gap below, and a weak high (market looks like it's unfinished to the high side). I would expect us...
Morning Traders... Last trading day of the year today...I expect to see the usual window dressing after some afternoon weakness yesterday. I wouldn't even be surprised to see early weakness and a late day rally. Either way, I see the market trying to hold onto 2021 gains today.
Good morning traders, Same ol' stuff, different day. Still consolidating at the highs, likely to see some kind of push in the next two trading days to "clean up" this weak high. You need to distance yourself as a trader from the result of the next trade, and think of the market in probabilities. The data shows that the probability of the market continuing...
Good morning traders, We are still balancing on the highs and I would expect the dips to continue to be bought into the new year. Trendy looking profile, clearly looks unfinished to me.