Monday, May 14, 2018

May 14, 2018

I won't be very chatty for a couple weeks. I had a stupid accident and managed to break the first 2 fingers of my left hand. Typing strictly one handed though I may set up the tablet for this so I can just speak.

Anyway, we are up against a bit of channel resistance at price levels that are fairly thinly traded. Biggest resistance I can find actually lies about 2748 though we are in a tough spot even up into that level. We have some gaps overhead and the nearest one is that 2752. Obviously I am not going to get my 2461 by the end of the week but I still think we are going lower. Things are only bullish until they aren't ....

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