Hello again…
I continue to advise HEAVY caution on this move from the last two days. We’ve moved right back to equilibrium on our charts. That biotech pop didn’t last long… and the FNGA has moved back to its 20-day moving average.
The purpose of a market is to sell… so… we’re seeing funds use any strength in the short term to keep dumping positions.
Stay positive,
-G-
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