History rhymes. Forecast consolidation zones through November in the DOW. Bulls be patient. Bears stay out of the traps.
Good sign in the strength of the reversal (so far) today. Correction (so far) has played out within an acceptable range (long positions). Risk Management: 1st Bell: EMA & SMA cross down (-) (TRIGGERED) 2nd Bell: cross below 200D SMA -1hr freq (Early Exit Longs)(False Bottom Watch) 3rd Bell: cross below pink line(s), signals retest of previous trend lows (False...
Hold the line and catch an updraft...
Make or take a long flight, catch an updraft... High surf and flood watch expired.
Must hold first resistance line and break above 7,100. Caution: high surf and flood watch.
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