I personally do not like TIME, but feast your eyes upon this month's cover. This stuff is just so crazy perfect to indicate a sell off. It will probably go up higher to confirm the party. But this is never good 99% of the time. So we will see, won't we?
Mind you, we cannot brag much about our downside call yesterday. It was just an inside range day. But the C period minor high look above the previous range highs on, again, decreased momentum was a superlative short entry.
But there was no real downside going on as volume never picked up (and it decreased in fact) and yesterday's value area low was it.
So today's action just makes me wonder if the buy programs show their stuff again tomorrow. I'm worried about downside, but am more respectful of the fact that sellers don't have anything to hang their hat upon at this point.
Upside attempt tomorrow?
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