The weekly has moved down in a narrow channel, we are just approaching the top of that now.
We could get a breakout next week, or we could get heavy selling to lock in the gains from the
2nd qtr, I have already made some money on this rally and still have an old long(previous hedge from the top)
still open. I just shorted DIA around 150 and see how it works out, internals have topped out short term.
Friday may see some end of week profit taking. If I am wrong, my hedge bails me out.
My take for the week
Started by
CLK
, Jun 27 2013 01:45 PM
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