S&P closed very strong on Friday. I don't weakness in the market breadth. We are right against the resistance of 1347 and lets see how market behaves at this level.
We may see a consolidation because so far we have seen positive breadth in this market. Until we can see strong negative breadth / major weakness in this market, I am going to try to find good long setups in this market. But one has to be careful in selecting the setups..... i don't suggest selecting high-flyers in this market.
We may see a consolidation because so far we have seen positive breadth in this market. Until we can see strong negative breadth / major weakness in this market, I am going to try to find good long setups in this market. But one has to be careful in selecting the setups..... i don't suggest selecting high-flyers in this market.
No comments:
Post a Comment