consolidation

  1. 2,498 Posts.
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    Interesting week, it looks consolidation to go for a while and DOW still looks strong.
    Traders start to get more nervous and ready to push sell button.

    Can DOW go much higher before any meaningfull pullback now they have hit record high and holding......interesting.

    Chart on AWC on my understanding still looks intact and the trend up is still looks good and to other traders they may mean the opposite.

    If DOW keeps going higher then another breakout is due, some rotation from Banks back to mining need to happen.

    Lets watch and look after our position and stay calm yet humble....sticking to ones belief is not always easy, I like to focus on the main and big trend, good economic data
    keeps coming out of US.....recovery is there and it is a fact.

    Stay safe and have a good weekend.
 
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