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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Summer Style Bouncy-Bounce

chessNwine Mon May 21, 2012 3:59pm EST 3 Comments

Good first day for the bulls having a go at a rally. One day does not a trend make, but closing at the highs of the session is something we have not seen in a while, with strong breadth to boot. Energy, materials, technology, and the trannies were the stars today, which is also encouraging. Just as not getting swept up in the downdraft was important, it is now crucial to not worry about missing out on every tick higher.

More after the bell on my video recap…

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3 comments

  1. Raul3
    Raul3
    May 21, 2012 at 4:02 pm

    bowling balls

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  2. jg
    jg
    May 21, 2012 at 4:04 pm

    excellent point re: not worrying about every tick higher

    35% long

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