Mr Market kinda finds himself in a box this afternoon........which way is he going to go to get out of the box?
The Proprietary Momentum Change Indicators still suggest that Mr Market wants to go down. The MACD and the RSI, among numerous other indicators suggest that Mr Market has been advancing without the supporting cast necessary to continue to continue this play. Unless this conundrum gets resolved this afternoon, it will most certainly be resolved tomorrow.
Best To Your Trading.!
Bill
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