Watch and wait atm for a number, the spike on the farm roll numbers was quite stellar. $ beginning to push upwards as well but indices tapering that move somewhat. Shame never around much for the afternoon recently!
Charting still shows the DOW will break the 9000 mark intraday on this wave, enough confidence to satay long but will that trigger some profit taking. The autumn higher volume trades is still a good month off so we might see a little retrace 1st or second week in August.
"Today’s resistance: - 9940.42(main), where a delay and correction may happen. Break would bring 9965.56, where a correction may happen. Then follows 9976.40, where a delay and correction could also be. Be there a strong impulse, we’d see 9990.18. Continuation would bring 10007.88"
- Obviously this is just one of several indicators from various tech sites , so overlay with others , gl
GO DOW! I'm hoping the DJIA can claw back a close at or above 9900. I have cashed my shorts for nice profits. Though I'll be happy to put them back on if appropriate. I feel a little respite is in order.
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