Saturday Review Link
That which doesn’t kill us makes us stronger. This guy might disagree (eventually), but what about the market. Apparently, this its first weekly loss in two months, while breadth continues to narrow after having diverged into new highs. Does there being no “unfinished business above” indicate a downleg forming, or does it urge the market to return to its highs? There are specific levels that can tell us either.
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!