Post-Muck Momentum
Wowzee. After
wading through low-volume holiday market “muck” for much of the past
few weeks, it’s indeed refreshing to see natural market momentum and liquidity
back in force. The Qs are red as we approach mid-day following a bit of an
exhaustion gap, yet we are approaching key hourly support. I’ll be watching
trend reversals on lesser time frames for keys as to bounce potentials from here.
Friday January 4,
2002Â 12:30 PM EDT
Good trading and
have a great weekend!