I wish i had something new to say or smart but the truth is..we just look to be going sideways until we get some kinda breakout that will give us some direction. I already have a long term view so i'm using that as a guide to pick my entries.
I know we will get a retrace but how this will happen i dunno..Do we go down then come back up or go all-round the houses then go down before coming back up?..no crystal ball here...just waiting for some action.
There are some interesting things i have noted on the daily to follow up..nothing special just interesting..we have stochs crossing down and PA currently below my line in the sand of 158.30/40..do we have a go to the downside?...maybe but i'll rather see PA go back to this level and fail to close above it for me to really believe we finally have some retrace in our hands.
Happy Pippin
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