I figure maybe I got costanza'd today this wedge is what I'm looking at... and yet I feel like we are in a dead zone, or a null period in data... Sort of a "What ever will CNBC talk about now?"
My thesis is that "we would expect a sell off" and if this is the constanza trade right now....
but after the run up, Digesting the gains or consolidation is normal, but we are a hundred points off yesterdays high.
Looks like a short distribution pattern. Probably a buyer's strike.
ReplyDeletejust waiting for it to pull back.
ReplyDeletethe breakout just happened