Technical Traders. Please Weigh In Here...
From Greg M
Technical LIONS!
I would really again appreciate your input here.
Take a moment and have another look at the MMRI. With that, what is YOUR take, (most likely scenario), as to where the MMRI going. Higher? Lower? (Short Run).
Looks like lower short term to me then higher after the selection assuming there will be one. Needs a retest of that 240 level.
Don't you think people are simply waiting to see how the election shakes out?