The market tried to break above yesterday high but currently is not holding. Still hovering around the lower 45 degree channel line. Let’s see how it ends. Still some possibility, but my right line analysis tends more to a drifting position at best.
At the open I bought one of my favorites because its ability to climb with the market. A measured move should take it near 114, with a little help from the market. Stop loss at yesterday low.
At the open yesterday I went long WEC, (utilities anyone?), only to see it reverses almost immediately. Still hope with the breaking of the box and the retracement line. Target 63.5, stop loss at yesterday low.
Thank you God