..but it is an election year so that’s what the invisible hand – Fed – is doing to make things look rosey.
is over its 2 day MA for 5 days. Very rare meaning chances of negative day are high.
Question is, will be sell off in any meaningful way?
5 consecutive up days on NDX points to pull back
Who would have guessed that this summer?
we are actually only less than 30 points from making new all time highs.
S&P down 100 points from Thursday.
The is the advantage of a part discretionary system. futures down 63 points when we had a buy signal.
but it will sell off when the new passes. Summer sell off on its way.