Good morning. Now that we are past all big news maybe we can get back to some trading. I would lover to say back up the truck and start loading up on stock but when you look at the overhead resistance that would be a foolish thing to do. There is no question that market looked bullish at the end of trading yesterday however it is also undeniable that resistance has been a major player in the market indexes and should not be ignored.

As with any big move, follow-through is essential and it is not required to do so immediately. We must continue to plan trade carefully and keep ourselves focused on the overall chart, not a single day.

That being said there are a lot of nice looking charts and you should expect to see some trade alerts coming out today.

Trade Wisely,

Doug

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