The Forest

do not lose site of it (longer term) while looking at the trees (1 minute chart) The daily chart is still bullish and it would still remain bullish even if the market was to drop down towards the rising 50 DMA. Money mangement is always critical, but even more important when you take trades where there are mixed messages from different timeframes. Hard to believe the market can rally here wiht 682 Advancing stocks and 2521 Decliners. But if I had a dollar for everytime the market did something unexpected….