Hit a TL so would be appropriate place for a corrective pb....as to where the top is, who knows but a close at yesterday's high would not shock.
Am doing 280-400 trades a week and generally singles, maybe 1-4 homeruns each week, but chalk that up to "eventually" make big profits. But am very content to ticks and I seldom lose. I do variations of chart and indicator patterns. Very good calls speedo.
Nice corrollary. Personally I would prefer a less steep tl. I guess we get that on the Dow (which had a very pretty throwback bounce).
What I am seeing is that the bull's defended the accumulation (range) that took place in May. Unless we go down for another test of 2740 and exhaust the buyers there, we should be seeing higher prices as the trend is technically intact. I am not looking at short term charts, more Day, 4 hour and hourly.
The beach is always good, but waiting to see if there's a good move coming out of this tight consolidation, narrow wedge, or whatever this is ...