The S&P 500 and Canadian Small Caps. The S&P 500 did rebound as anticipated after yesterday's negative candle had retraced about half of the previous day's positive candle. And that was good for the long positions I entered yesterday afternoon. But I expected better. The Canadian Small Caps were stagnant. Not helped by the drop in the price of gold.
Both charts here. The S&P 500 first. Note how the close was right at a Resistance Line drawn through the middle of a pack of long candles, and back to a high on June 9th.
Tomorrow may give a better indication of whether this little rally is going to be sustained. And whether the Canadian Small Caps are going to rally some from here.
Cush
Both charts here. The S&P 500 first. Note how the close was right at a Resistance Line drawn through the middle of a pack of long candles, and back to a high on June 9th.
Tomorrow may give a better indication of whether this little rally is going to be sustained. And whether the Canadian Small Caps are going to rally some from here.
Cush
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