Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Post Market Analysis, Monday November 9: Bullish

|Includes: DIA, iShares Russell 2000 ETF (IWM), QQQ, SPY, XLF

The markets finished up big today after a nice gap up and continuation today. Volume was light and the VIX only dropped 2x the move up in the broader market. I am hesitant to go long here in the face of the 110 mark on SPY. However, the trend can heal itself and become more bullish if we break above the UPPER line of our big orange rising wedge with confirming volume.


Thanks for being a part of! Always trade with a stop loss and manage your risk appropriately.

Talk to you tomorrow,