Rolling Into Resistance

Not much to argue for bearishness right here, but resistance lies ahead. If this is a bear market rally, the terminal phase is here. If you hear the faint chanting of "Apple, Apple, Apple," that's me rooting for a gap fill. Unfortunately, the bear retirement line is taking on a dual meaning since it will either be the best spot for a short position (higher is better for profits, but would not have the technical import of a failure at the gap) or it will signal this might not be a bear market at all. Darkest before dawn, yada yada.

Hey, that XLC trade might turn into something after all. I will probably hedge with it or maybe direct calls on Meta if I think there's more possible upside.