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Tuesday, June 22, 2021 4:24:30 PM
The bottom line is we have closed below the 10-20-50 EMAs but of course still above the all important 250 EMA. My hunch...and that is all that it is, is that we go down and bounce off support in the .55-.53 area before heading back up. Thought today might have been a head fake but not so sure now as we went back down towards the lows during the latter part of the day before a little bounce at the end.
Mr. Muse...thank you for the kind words. This is a humbling business as I often say. Will see what happens but I am bullish!!
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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