The Claw Back


Mixed signals as the S&P 500 manages to reverse recent losses and close above its 50-day MA.

Serious dumping of shares has yet to be countered with accumulation.

There is no real deterioration among the leading sectors and market backbone of financials, retail and tech.

Bearish Volume + Bullish Price Action = Neutral Bias

Successful speculation is about observation.

WCIC very much intact as a long. 20% initial target hit. Ok to add more with close to zero as a dollar stop loss.