We are in an uptrend off the lows of the year. As long as we stay in an uptrend off these lows and stay above the 50 day m.a. we should trade higher. You can only fade the tape for so long. This market just wants to rally. I may not believe it, but the market is telling me otherwise. Resistance is 114700, support is 113050 and 111425.
No comments:
Post a Comment