Good evening everyone. I will make this short and sweet because it is memorial day weekend and we could all use the break.
I will have the “week Ahead” post on Sunday or Monday afternoon for you to prepare for the week ahead. If you have never seen this post it has 2 video (I made) 20+ annotated charts, and lots of written commentary. It truly is a great resource to use in preparing for next week.
Today we held the low of yesterday which is where we said we needed to hold yesterday in the Daily Analysis. As long as we hold this level we likely continue higher, I am still waiting for some more info before truly making a call because we are still below the 8 EMA and half way below the wide ranged bar form earlier this week. I am taking it slow, there will be time to enter. Take it slow.
enjoy the weekend, I will see you back here on Sunday or Monday. Happy Memorial Day.