Is the Market a Little Toppy Here?

By Licia Leslie

July 15, 2024

Hi Shoppers,

 

Is the market getting a little toppy here?

 

Wednesday, Thursday and Friday brought us wide ranging days, wider than we’ve had recently.

 

This volatility at the top of the pitchfork could be signaling a pullback in this massive rally.

 

Check out the chart:

Not only have the last three day been wide ranges, as we can see by those large candlesticks,

it has moved up, down, and up and down.

 

Friday could not hold the highs of the day.

 

I will be watching for a change in trend candle to present itself that this market is ready for a turnaround.

 

Come join Hannah Selner and me on Wednesday at 8:00 PM ET where I will be revealing my new stock scanner!

Thanks for Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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BY LICIA LESLIE 

July 3, 2024

Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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