I'm back from a much needed vacation away from work and the markets. However, whenever I'm away from the markets I loose my feel for where they are heading. So I will be cautious on the next couple of trades so I can back in sync with the markets.
Right now it looks like we are at the lower end of the trend channel and we should be heading higher from here for the next couple of days. I will be looking to enter a call position sometime today to take advantage of this up move.
Currently the pivots on the Q's are as follows:
Right now it looks like we are at the lower end of the trend channel and we should be heading higher from here for the next couple of days. I will be looking to enter a call position sometime today to take advantage of this up move.
Currently the pivots on the Q's are as follows:
| R2 | R1 | Pivot | S1 | S2 |
| 48.84 | 48.50 | 48.23 | 47.89 | 47.62 |
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