The INDU posted a modest gain as both the Nasdaq and S&P moved lower. All three of the majors have been showing signs of tops over the last week and a half, so corrections were expected sometime this week. However, the INDU continued to move forward, continuing to be the strongest of the three.
Keep an eye on support levels with both the S&P and Nasdaq. If their support levels can hold, then we should see some good buying opportunities moving forward.
See you on this Sunday's live Trading Room class!
Have a great night,
Your Maverick Trading Team
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