ETF SWING & DAY TRADING

[Walkingshadow]

Re the Dow, the most likely explanation is a pullback into the channel. I think you mentioned the possibility of a sideways drift followed by more upside, and that is certainly possible.

But the fact is the Dow has traded within that regression channel for all except about 3 weeks over the last year. I guess we could see the same thing develop now. But I'd say most likely the Dow will continue to trade within that established channel.

And remember, professionals sell into strength.

T