The bulls were looking to break out of their early summer doldrums by trying to extend their Weekly winning streak to 2 but fell short on Friday after the bears fought their way back. The end result was another win for the bears instead who have now covered 7 out of the last 8 weeks, for the most part. The market reacted to the usual rhetoric but still managed to hold its trading ranges although the technical picture remains mixed.
If you are not a subscriber but would like to read more, .
Futures are pointing towards a slightly higher start this morning. Dow futures are up 4 points to 11,885 while the S&P 500 futures are higher by a point to 1,264. Nasdaq futures are showing a 4 point pop to 2,211. We have a boatload of charts to cover this morning for our current trades and possible new trades so let’s get on it. Subscribers, check the Members Area for the current updates. We would like to get one or two more triple-digit winners on the books to close June out!