The market bulls are putting up a nice fight today and holding their own, as the market is still maintaining its uptrend for now.
For you techno chart chompers that are monitoring MACD, look for a busted uptrend line to signal the next downturn. Until then, strength is on the side of the “horned ones”, until it dissapates.
I am still hedged, not trusting this head fake rally.
So what if LOW comes in with positive news? It’s simply a pre-foreclosure conspiracy by homeowners who are spending money to fix up homes that they can’t sell.
India is irrelevant, despite the cries of the slumdog millionaires.
Good day.
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