Dow Hourly shows Support & Resistance
Many in the Financial Media are sounding the "All Alerts" siren for an impending implosion in the markets. Are they correct? Can't really say. I do know that many have been calling for this for awhile while it continually trends higher..although in fairness, it doesn't really feel that way. There's a classic expression in the markets that goes it's climbing a "Wall of Worry". That being said, our stance on all of this is to keep our heads down, find advantageous risk/reward opportunities, maintain an acute sensitivity to shifts in market momentum but basically buy on dips and sell into strength..more to follow.
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