Overall, the broader markets and sectors continue to mark time within last week’s trading range. I did not notice at the time that I made the video (play it full screen), but Telecom (XTL) has done well this well. Some stocks in the sector pulling higher are CMTL, VIAV, COMM, and USM. There are lots of laggards too.
The markets continue to hold up as buyers continue to buy each dip. But so far, they are making little headway out of the recent range that has formed. It’s not a time to be aggressive. It will come.
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I captured this so I could show the area I wanted, which did not come out ideal but view it full screen. Will change for future videos.
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Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Dan Gibby
Chief Options Strategist
