Well, we got the push I was expecting last week.
We came within about 50 points of 10,360 YM
which, as you should know by now, is a 50%
retrace off the March lows. There is a daily
market structure low formed in the ym. We’ll
see if they trigger it long or break it to the
downside as we get close to this critical
market juncture. Also, check out the
progress of the BKX and the XLK to see
if they leave us any clues.
To Your Trading Success,
JM
Recent Comments