Monitoring for those hedging longs or simply getting short at today's close.
In this week’s market review, we will share our stock market correction playbook and the role that corrections play in maintaining the long-term health of the stock market.
Holding up well so far. Continue to watch for potential challenge of previous highs and breakout.
New highs soon?
Last week we mentioned that MA (see 2nd chart below when at 341) may be looking to breakout based on an Inverted Head & Shoulders pattern. So far that is occurring.
Piercing key overhead trendline that links Dec/Jan highs.
Softy went back to test new high breakout point. This is normal, especially if it holds.
Florida’s COVID-19 response has outperformed lockdown states on excess deaths, education, and the economy.