Stock Indices Pause At Important Key Reference Area

The Market had an opportunity to begin another leg lower at the open today but there was simply not enough selling pressure. This allowed the Market to rotate back up to important Key Reference Areas. Volume collapsed once again as market breadth continued to decline. The three step strategy I have developed is still a good possibility, unless the Indices trade much above yesterday’s high.

Leave a Reply

Your email address will not be published. Required fields are marked *