UPS painted a negative picture today

Be careful with longs today, particularly consumer discretionary and tech. UPS just said they saw a shift in consumer demand..
As always just be careful trading today.
 
Look at the chart.
It is very ugly / messy.
Price is moving all over the place ~155 to ~230.
If you try to long it, you'd get stopped.
If you try to short it, you'd get stopped.

I'd look for better-looking, curvy charts.
 
Back
Top