Tuesday, July 22, 2014

As Expected

Our analysis was spot on as the market gapped up and probed new all time highs.

But TICK was very lethargic at a very important minor high zone, and a little bit of inventory correction came into play.

For tomorrow, we are a bit worried about the minor high as a buyer.  And as a seller, we are really worried about the fact that it's a picture perfect bull market.

Odds go to the buyers.  A failure quickly shifts that to the sellers!




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