I see creeping gains, a few surges that are decent, with distribution capping spikes of consequence, still they chew through paper. two or three days are common place with as much or more sideways consolidation.
Today is Tuesday so the rising markets should push hard past Wednesday with heavy distribution... What I'm driving at is that overall... things are positive with surges to the up side for a few days with back fills to the downside on higher lows, however everything is creeping under pressure not flying with abandon.. we are working for gains.
You need to look at the big picture to taste the sentiment of the market... this cautious, but bullish setting will try the patience of newer players who have been on the wrong side for what seems forever, or are expecting results without waiting for the cycles to play out.
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