As I type this, on the first trading of the year, ES, NQ, RTY, CL, BTC, ETH, XLF are all bright green. So I’m sure all the bulls are happy as can be. As I mentioned this weekend, however, the first day isn’t exactly prophetic about the year ahead. I’m still focused on the basics: trendlines. support, and resistance.
It doesn’t merit repeating, but I’ll say it anyway: EFA is still a remarkable pattern, provided it does not pass the price gap at 79.37. Keep the faith, EFA brethren!