| We have Outside reversals working in the Spu’s,Nasd 100,Russell.
ALNY is 10% off its low. it has potential for another 20%
Chips as stated earlier look great as well as Fintech
TSLA is ripping. Look for another 20 dollars with pattern follow through tomorrow.
Risk spreads are working on ORH’s which would confirm the patterns.
Note that both spreads are coming into cloud resistance which simply means I’m in no hurry to chase closing strength.
It’s Wednesday. Rule #1..not chasing the direction going home.
I’d rather await tomorrow.