Bumpy end to a good week

Where do we go from here
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Hey There,

The markets had a weird week, but overall, they were up, and I suppose that's a good thing.

The bad news about jobs left investors with a sour taste in their mouths, and therefore the markets ended slightly down on Friday.

That's not the end of the world, but it does beg the question:

When will we break out of this seeming back and forth we've got right now?

I've got some strong ideas, let me chat about those in a moment.


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Right now, it looks like the markets have stabilized a bit.

Recently, they tested an important line of resistance represented by the black check line on this chart:

If they had dropped past that, we might have seen a significant reversal.

But the gap up on Thursday took us away from that outcome.

Even so, uncertainty still weighs heavy, and that's frustrating for a lot of traders.

I've got a colleague who is a former Wall Street expert that I've wanted to work with for a long time.

I'm reaching out to him to see if he'd want to get together next week to talk about the markets.

I'll keep you posted, but I'm really excited about possibly getting him in front of you all. He's a legend.

We'll chat soon, but have a great weekend!

Happy trading,

Markay


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