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Sunday, December 22, 2024

Santa Arrived A Bit Early

Santa arrived early leaving a couple of presents under the tree in the form of two surprisingly bullishness trading days at the end of this week. I feel we are overbought and ripe for a pullback but we continue to climb the ‘Wall of Worry’. I am cautiously bullish looking for a retracement at anytime. Take note of the Candles as we approach well defined areas of resistance and if they are indecisive Dojis and Spinning Tops on reduced volume, that will be your indication to lighten the load and take profits. It is still very likely that we will tend to be in a range until the end of the year

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