The market the last few days looks like a battle between the bulls and bears. Neither is gaining much ground…or giving much up. The market is still sitting in a tight range over the past week and currently sits at the top of the range. I am still rooting for a healthy pullback that is badly needed!
The peaks of the Net Capitalized NHNL continue its bearish trend.
Rolling 52 week NH/NL also continues to diminish
The short day trading strategy continues to work well. Other than that, I am good to sit on the sidelines until a clear direction is given.
