Hello Everyone,
Quick Notes:
After reviewing many individual, sector and index charts my conclusion is below.
While shorter term views are somewhat murky, the majority of the weekly/monthly charts remain bearish (see weekly channels). Thus, level to level trading within this context until evidence changes.
Prior Comments Remain Valid:
The prevailing trend remains downward with updated support and resistance levels posted in the trading community. Bear markets are difficult to navigate with sharp and sudden moves (leading to both Bull and Bear traps). So please be aware of this fact which I will discuss more in the audio portion.
Please take a moment to look at the trade ideas.
