Daily Chart: Be Aware and Beware

Another lackluster day in the US markets, trading around and slightly above the open range. Earnings continue to be the driving force in the averages for now as we await the next leg up or down. Be aware that the closer we get to time highs the more magnetism to test as short positions get squeezed. The smart money is still looking for a significant drop in a surprise move down to the 1800 level. However, the only king in these markets is price, so be aware and beware. For now, the king says up. Hold on to your hats and stay nimble.

#stocktrading #stockchart #dailycharti #dailystockchart

3 views0 comments
  • Facebook Basic Square
  • Twitter Basic Square


DISCLOSURE: All reasonable care has been taken to ensure that the information contained in any document is up to date and accurate. Market Intelligence (MI) gives no warranty, either expressed or implied, as to the accuracy of the information in the enclosed prospectus and accepts no liability whatsoever for any loss, damage or inconvenience caused as a result of reliance on such information. Investing of all types includes inherent risk, and due diligence is required to understand risks involved and potential for loss.