The markets gave back a little today as they come out of the extended holiday weekend. Today's move wasn't as volatile as we had seen last week, but volume was still decent. It is too early to tell where we go from here, although we should expect some hesitation or even a small correction after last week's huge up move.
Stay focused on price action remaining above support levels and MA's. If the markets can absorb a small pullback or stay above these levels, then we could see another move toward the highs.
See you on Wednesday's Mid-Week Trading Room Update class!
Have a great night,
Your Maverick Trading Team
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