Highlights
- The market's sharp rally has run directly into meaningful, overlapping resistance.
- If this is indeed another 'TACO' trade, our new models, born out of last year's rapid V-Bottom, will signal quickly.
- While our Accumulation model did show some improvement prior to last night, key Velocity and Bull Reversal signals remain absent thus far.
- Into resistance without structural repair, we are sticking to our plan, adding to shorts up here, but very respectful of the possibility that this is. . .
