The market is on some slippery footing to start the week.
While the uptrend remains intact on the daily charts, the one problem that I see currently is the struggle to hold the 2111 breakout level that it had previous struggled to break through.
Overall though there remains plenty of ground the bulls can give up before the charts begin to look bearish again. So I wouldn’t necessarily cash in the chips at this point. Instead keep your portfolio light and ready for when the market resumes the uptrend again.
Here’s the bullish trade setups for the week:
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