Friday, October 21, 2016

Weakness Getting Bought Up

It’s Not Enough

By -

Damn this market. Every time we see a little bit of weakness, it’s still getting bought up. This morning, we opened down over 12 points. As I type this, it’s pushing against the selling, having trimmed its loss down to merely 8. It’s getting quite exasperating, because we need to cut through the entire “drop zone” I’ve tinted in green below to reach the promised land (which is looking not-particularly-promised), shown with the support line.
On a wholly different topic, you Twitter users out there might want to check out the trending hashtag #TrumpBookReports, which are tweets about books written in Trump prose.