Today is the kind of day we switch to a chart like this. It's got multiple timeframes indicating different phases of previous movements into potential future date ranges. It's got lines to keep an eye on, both potential resistance and support lines, or target price lines. And I think between volume yesterday and today, markets are short term done with being sad and looking for excuses to get excited.
And they quickly fixed that price glitch from around 10am. Up or down, we're really looking for a catalyst to either switch to buying mode or be burned again.
And they quickly fixed that price glitch from around 10am. Up or down, we're really looking for a catalyst to either switch to buying mode or be burned again.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.