Is it time to open the treasure trunk?
SLT closed the day with a close above yesterday's close, ending in the green - an encouraging sign. During the final few minutes, I kept praying and praying that it would end the day above its 50% daily Fib level of $8.04 too, but unfortunately, all the Maharajas started selling at the last minute - leading to a prominent six figure ask block.
I might be able to have a moment of ecstatic profit taking if this upside on SLT continues.
On the weak side: BAC, JRCC, and WNR.
-0.61% SBA
-0.90% Roth IRA
-0.46% DJIA
-0.07% Nasdaq
-0.28% S&P
-0.30% FTSE
-0.60% Eurofirst
-3.71% VIX, hovering near 31.69
+0.98% WTI Crude
+2.05% Brent Crude
+0.08% Corn
Thank the Lord corn has stopped declining and the spread on WTI and brent is starting to increase again. There may be hope for WNR yet...
P.S. Daily ranges:
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