11.1 C
New York
Monday, November 25, 2024

Nice Reversal Today

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

The market is doing a good job of churning everyone here.  After breaking that key 1404 level and then the psychological level of 1400, there has been a reverse on a dime and market’s are now at day’s highs.   It is now testing yesterday’s highs which would be a near term positive to clear.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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