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    Dalts.

    Yes, we shot up through the short term Moving Average which is a big turn around from yesterday's unsettling action.

    I would now expect the sp to drop back a little to the MA line to test the strength of that line, but personally I do not expect anything overly negative.
    I also expect the line will hold so that will be a good sign OF STRENGTH.

    There is quiet a bit of negative talk regarding the chances of a recession, but not knowing much about this sector of the market I would not think we would be as vulnerable as someone in the retail sector for example.
    I could be way of course here so please give me your opinions.

    The US election is also a weight on many minds as it is so hard to figure out just what is happening there. There is so much BS on both sides.

    Hoping for onward and upward.

    GLTAH

    Lockitt
    Last edited by lockitt: 07/08/24
 
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