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.
Blowing again?
Thank you God
Shalom Alle
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