To celebrate July 4th, Dow Jones Industrials broke out of the $17,000 range to make new high.
With $17K resistance taking out, can market continue higher? I like to think that $200 is where $SPY is heading to from here.
$LRAD took a minor dip with low volume.
As far as I’m concerned, this is still very bullish with price closing at and above all four MA lines.
$DMRC bounced nicely but still fall short of the overhead resistance.
However, I take the bounce day any day any time. Price also closed above all four MA lines.
Since most trading volumes were low, I’m not going to show charts on all my positions. Suffice to say that corrections from $LRAD, $AMRN, $KGJI, and $BIOS offset gain from $DMRC to hold my port down with a 0.2% loss. YTD gain is now 6.7%.
LRAD, DMRC, AMRN, ORBC, KGJI, NMRX, BIOS (100% invested/speculated).
From my other account:
$ENRT bounced some today so I left it alone.
TWD.V, ENRT, FITX, MCIG.
My 2 cents.
Categories: Daily trading Journal