I would carefully watch this area here.
Today's close will probably touch the resistance line on the Wave Trend indicator.
There are 3 options :) We could see double top soon, the market can reverse anytime on some bad news or a big rally with ATH - who knows?
COVID cases start increasing in many states that re-opened.
Unemployment still in the 13% zone.
The whole job report today I think is just a temporary excitement to encourage others to invest at a higher level.
Watch out!
Today's close will probably touch the resistance line on the Wave Trend indicator.
There are 3 options :) We could see double top soon, the market can reverse anytime on some bad news or a big rally with ATH - who knows?
COVID cases start increasing in many states that re-opened.
Unemployment still in the 13% zone.
The whole job report today I think is just a temporary excitement to encourage others to invest at a higher level.
Watch out!