The market's resiliance today really didn't surprise me as I am expecting a test of the high through this or next week. Price continues to find support at the 40 day moving average. At this moment, no reason to expect that to change. It would likely take some major piece of news to disrupt the strong uptrends that exist on so many averages.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.