We got the close above 1350 we were looking for Friday. As discussed then, the next important test is the trend line connecting the April 2 1422 high with the last interim high of 1374 on July 3.
While the market seemed to have plenty of momentum coming out of Friday, this TL might not be a pushover. It has many cousins who’ve proven their mettle over the past year or two.
![]() Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |