Friday, July 10, 2015

Another 30 Point Gap

Wow, yet another huge gap to above yesterday's range highs. We were correct in our assessment yesterday.

The pattern of selling back into the gap was on early going, but failed just before 8 o'clock and the day structure morphed into your textbook bull market checkmark pattern.

Barring any sort of negative news, the path of least resistance continues to be higher.

But hey, the trend is for 30 point gap down come Monday!




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