Sort Of

It’s not really the morning after but being the day after Friday’s action, we’ll call it even.
Two shorts closed and three opened.
Both the XLF, and UBER, shorts were closed; one with profit, one not. Then, three more opened (not advice, not a recommendation).
As stated in the comments on this previous post, it’s possible the banking index KRE, is not going to make it to Fibonacci Day 34, this Wednesday.
Time counts are always secondary to price action.
Next up, is the silver market.
It’s a no-brainer that something’s ready to break. The press and YouTubers, et al., would have you believe that were finally ‘putting it to the man’. The ‘paper manipulation’ is over, so it goes.
Mabe that’s right this time around.
However, I’ll stick with the market-makers that have been in control since the buttonwood tree. 🙂
More updates to come with charts and positions.
Stay Tuned
Charts by StockCharts
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279


















