Fractional new highs for the DOW and S&P, unconfirmed on the NASDAQ, before faltering and selling off in late afternoon. I see gap support as depicted on the XLF for both the S&P and NASDAQ futures. The NASDAQ appears stronger as it has yet to break the trend channel. I'm expecting more weakness by virtue that XLF and S&P failed to recapture their respective channels.
9 comments:
Jamie (dude),
Are you really going to be on vacation for ~8 wks? Can you stay away from trading that long??
... ~7 wks...
Yeah, that's the plan. We'll see what happens. The first week will feel like withdrawal, but I'll get over it.
Enjoy your well deserved time off!!!
If by any chance you come to my area, let me know.
Cheers,
Thanks Anarco,
One day I hope to go to California on a wine trip. Waiting for better FX against $USD. $CAD, sadly, is barely scratching $0.81.
Cheers!
Jamie,
You definitely deserve a vacation. You have been logging a lot of time and many great trading posts. I hope you have a very relaxing break.
Thanks Jim,
I'm glad I wasn't on vacation these last three weeks, but looking forward to a break now.
Jamie,
Enjoy your well deserved vacation.
Thanks Day Tradr
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