Coolhand's Market Analysis

Originally Posted by coolhand

In my last post, I said that the indicators were largely neutral, which included smart money (NAAIM). I also expected more up/down action as a result of the reading.




I guess we're starting out with up action this week as the major averages tacked on big gains. That isn't a surprise given it appeared that at least a short term bottom was probably put in last Wednesday. And if you look at where price closed;

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