morning traders and welcome,
Not any great leads that I can see today, gold holding, oil flopping (5% down in fact), but weed doing ok. ( 1st approval in Victoria given to a large scale producer to let it rip). Nice work finally. A time to be patient and to stalk entries, not unlike Valvesounds entries discussed this morning on the charts where stocks have based nicely at their lows and look ready for a move. I highlight these charts as downside at low support is minimal. Unlike some charts that get put up where traders are being asked to join the party at what looks like the peak of Mt Kosiosko. The downside pressure from those heights is just gravity at work, they come down hard on people late to the party.
Just sayin, it's all in the selection.
Have a fruitful day traders.
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