Good Morning Traders and Investors,
B-O-R-I-N-G
That sums up the markets today - nothing going on in forex or equities. BUT, since there are no sellers in the market, it seems like the underlying bid continues and the upside risk is there if you are short. More buyers than sellers equal upmarkets.
Thanks to all of the U of U students and their feedback. Next semester I will be running the same Intro class, but I will be asking for an extra 1.5 hours so we can get into more examples and spend more time on technical analysis.
I will also be running a breakout session on Fibonacci Retracements - should be an exciting look at charts and a specific indicator.
Looking forward to heading to the mountain tomorrow as 8-14" is expected.
I will be sending a confirmation email out to all PC TIC members about next Tuesday's meeting.
Have a great day and Be Environmentally Cool
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