Monday, June 27, 2016

Brexit - Situational awareness.

Okay, so the last few days have been brutal.  That said, I'm not overly concerned this market is still range bound  on the big picture and I don't see a crash occurring  Triple top above a double bottom.   That should tell us to manage our risk appropriately and not expect the big trade at some point the market will pick a direction. 
% of stocks above 50 Avg. -- not  quite to extreme levels yet, but very close.  A gap down is a buy signal.


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