The markets closed slightly lower today, but still remained above resistance levels. We could see some consolidation, or even a small correction, over the next few sessions since the markets look to be a little over-extended.
Depending on how the next market pattern develops, whether a consolidation or correction, could give us insight into the next bullish move (if indeed the bull trend continues). There is no shortage of setups in these markets, so take your time and choose the trade that best fits your current outlook and portfolio exposure.
Have a great night,
The Maverick Trading Team
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