If the market remains strong, Deron Wagner wouldn't be surprised to see another day or two of modest selling. This type of price action is probably needed for setups to form and for the market to build a proper base for another possible move higher.
Overall, last Friday's market activity was uninspiring, but could be expected following a three-day rally off the recent lows. We would also not be surprised to see a pullback Monday.
Given the chaos and insistent inflation over time that the Federal Reserve and fiat currency have produced, it is hard to argue that the current system is one that should be encouraged.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
Stocks
full story
printer version
visit site