Aloha Sleepy Traders To A New Week; A Weak Move Friday Means We Remain In An Uptrend Off The March Lows

It has been a little crazy over here for a while now and I did need some bad time off with some damage done to myself (I have Multiple Sclerosis) this week. I do not receive the best medical care on Maui, obviously, and that meant a lot of just down time off my feet.

For those of you that know you know that is very hard but we are now through that nasty little period of activity. The good news is that the market is still in a shallow uptrend and as long as the trend is up playing the long side is the right side.

Right now any high volume reversal would have me quite bearish on the market. I still don’t like that the rally is going up on lower volume since the March lows. However, making money is making money and you have to strike while the iron is hot. Right now it feels hot.

Quick Market Overview. We will get back into things at full blast tomorrow. Aloha!!

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