Market Analysis for The Week of 1/25
Not So Fast
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On Thursday the 15th and Friday the 16th I started seeing distribution.
Sure enough we got the large gap down this week into the Tuesday session. The short term target for this short was met on Tuesday into the close. It was therefore time to take profit on shorts and look for longs.
The weekly candle looks bullish, and the weekly profiles (on their own) look bullish. However, . . .
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