Tuesday 18 January 2021
Good morning.
Pre-market looking heavy so far except in a few areas like energy and silver.
Will be watching for areas of relative strength and red to green moves today.
Energy turning negative too.
$XLF now a "failed" Stage 2 continuation breakout with todays Reversal Significant Bar back into the recent range.
$GS with an earnings gap Stage 4 breakdown today which will be a Significant Bar.
Short squeeze in $DATS today as it puts in a potential selling climax in Stage 4. So could be the start of a potential base.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.