The longer the market stays stuck in neutral at the top, the more it looks like it may pull back a bit to gear up for another run. The trend is up and needs to be respected. At the moment, this is still a consolidation. If it does pull back, I will look to see if it bounces at support to take another shot at moving higher. A false upside breakout would also not be surprising here.
The capitalized NHNL is showing a bearish divergence. That is certainly something to keep an eye on.
My modified day trading strategy is working quite well and I am seeing some very positive results. I am hopeful it continues.
