FYI: Currently the action for short term traders is choppy and tricky. Those with a long term view still are in cruise control as they have been for years. The holiday shortened week saw most of the action Monday as a “gap down” was met with buying, a nice rally Thursday, and then the employment data Friday gave the market something to think about other than TRADE WARS!!(tm) [which ironically began in earnest that day]. As a note, the NYSE McClellan Oscillator went positive late in the week.
Regards,
Ted
https://www.stocktrader.com/2018/07/08/weekly-market-recap-jul-08-2018/
