Stick With the Trend
For the second straight day, the market saw very mild selling. It even had late buying to help keep the losses small and sentiment upbeat. It was another unremarkable day of consolidation. Probably the most notable aspect of this action is how little pressure the bears have been able to produce, though there are obviously plenty of good-sized gains to protect.
So far, the market is giving off few signs that a major reversal is under way. This is looking like a pause that refreshes. If the doesn't buying pick up soon, the bulls may grow restless and start locking in gains more aggressively, but there is no reason to anticipate that now....120 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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