There are the signs of some beginnings of distribution... but it doesn't mean get involved....... Significant pull back then more upside... and we may see a turn... We are seeing some weakness in the bull trend..... but nothing to get excited about.... and nothing to make me want to step in front of it...
I'm a fan of being "Ahead of the Curve" and not behind it.... So... I'm just sidelined right now..... except that trade I posted before... Showing "post a trade" lose money.... I am going to stick with it....
Chart-Astrology says that this could still be an extension of the 'C' wave... but it also points to the 'idea' that we hit a near term low... I doubt we will retest. but could have a good pull back... Though as much short interest as there is... we could go to the moon.
No comments:
Post a Comment