- Once again, Friday is upon us.
- Close around here (1047) = UpTL broken (red circle).
- Will take a close above 1065 today to prevent this chart from turning negative (even if so, most likely will only be temporary respite).
- Next key chart point = weekly close < 1023.
- MAs pointing down + diverging.
- When this finally goes, it has a LONG WAY TO FALL. Thus far, we ain't seen nothing yet
- [Did not quite get lucky with the claims data yesterday. Looks like will have to get there the honest way - holding onto risk positions for long period of time thru the chops. Really no free lunch in T4L.]
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