We’re likely seeing a “head fake” in the market right now. We just don’t know yet if last week’s decline was that head fake…or if yesterday’s bounce was it. Thankfully, the battle lines are very well drawn…and we’ll know which situation was the head fake…once one of two lines is broken in a meaningful manner.
You don't have access to this post on The Maley Report at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
This post is for subscribers on the Before the Open and All-Access tiers only