Tweet The financials have performed very nicely over the last 2 months but they could struggle to move higher without consolidating as it is in a resistance zone right now. A pullback to the $13.25 would meet minimum requirements for a decent pullback to take out some optimism.

Tweet Last weekend I posted a song that was stuck in my head (it’s still there btw) and my daughter found an equally amazing cover of that song that is performed in a very unique way. 40 million views can’t be wrong. And here they are live on a recent episode of Ellen.

27
Jan

Tweet From a mechanical perspective the markets look solid and poised for further upside. My gut says otherwise and that is what makes trading so challenging at times. As long as the markets continue their ascent with small intraday pullbacks, it removes any overbought challenges. While it feels like we’re really overbought, technically we’re not. […]

27
Jan
stored in: Sector review and tagged: , ,

Tweet With the recent breakout of $CAD’s wedge pattern it looks like it’s headed to $1.01 and maybe beyond. I like to take one resistance area at a time so we’ll see how it behaves there, but when you look at the USD below there does seem to be a lot of room to fall […]