I’m cautiously optimistic. My gut says most things still need more basing. If we’re at the start of a new bull leg, certain groups MUST participate. Meaningful legs higher never require catching the first advance. If the move has real duration, there will be several opportunities to get situated as a momentum trader. These are the thoughts that keep me patient and prevent me from getting chopped.
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Time will tell. But this is the best my WL has looked in months.