Prepare To Sell Into Strength
Wednesday is a big day. Tomorrow, Tuesday, is a big one too. WMT and HD earnings. That should set the stage for Tuesday. A strong day, imo, will cause continuation breakouts on the Russell 2000, INDU, SPX, and probably fill a gap on the NDX. Wednesday will be the day that could give it all back with big econ data. So I’m hoping/expecting tomorrow to be strong and plan to cover some longs tomorrow or trim them back on strength.
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