Quick update this week.
Last week we broke out of the upper part of the range and hit the green target. This week will still be somewhat tricky, and we will be dealing with typical slow summer trading. I dont think chasing a breakout of the all time high is prudent. I think the Gaps in the chart will fill over the coming weeks. We could see a pullback the first part of this week but that will likely be bought. Then we will see if the bulls or the bears will win.
Trading Blog Weekend Update