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Assessment: Volume picked up a little yesterday, but I expect it to be a ghost town today…barring some sort of unforeseen event. There is no trading tomorrow for Good Friday. So, yesterday was perhaps a little portfolio adjusting before heading out for the long weekend…at least those who we still in the office.
I don’t think we get much more next week. The market is open on Easter Monday, but I think next week will bring the same as this week. The following week might see some action as traders return. I expect a slow sideways or slow upward grind next week. If some action and volume arrive, I will be ready to cover it. Until that action arrives…have a Holy Good Friday for those whom it applies and a Happy Easter!
See you back here on Monday!
Good luck in your trades!