Sellers Drying Up?

Next few days key...

Fewer sellers Monday could be a glimpse of the Bear being tired. But it’s too early to tell.

Beginning Thursday we’re on the lookout for a Follow-Through-Day where one of the indexes up about 2% on heavy buy-volume would be a sign that institutions are supporting the Bull.

The reason we wait is to give shorts plenty of time to clear out.

But if Friday’s low is taken out the slate would be cleared.

Until proven otherwise we’re sticking with our Sell Bias.

Leave a Reply

Your email address will not be published.