It’s moments before the open… the futures are flat, with no bias either to the up or the down side. With yesterday’s advance, and the push of the technicals into a totally overbought place, and with price at resistance, one might expect a decline, but, as I have always said; calling tops is infinitely harder than marking the lo-risk entry place of a bottom.
So, I gave up trying to call tops many years ago, and as a long-term, buy-to-hold investor, I’m only interested in marking the place of low-risk market entry anyway.
And, this ain’t it!
Here’s to your successful investing!
Harold F Crowell