Technically, the market was biased to go higher today. Having had 9 % up days in the recent past, it was not a stretch to see that today would unfold like it did.
The Izzy Bottom continues here, but we must get through this 2635 area for extended legs. As most know, I called for 2650 as a given on this first thrust off of The Izzy Bottom , so I would like to get through here.
Guessing we're going up. 2700+ area? It doesn't even feel like real buying tbh lol. fed money and robots or something. Feels weird, but I ain't gonna fight it, so hoping for a pullback to get long into a 'swing' trade on my spreadbet account Problem is it might just not pullback for me lol. That happens a lot with this sort of pa
in fairness, if you call long and impending upmove everyday since the high, you have to get it right sometimes lol
Cash has now started to escape the recent highs. We need to go a little more and hold above. We're in 9th place and moving up. This is what racing is all about.
I'm not worried too much about what gold is doing. Here is a picture of what gold did starting at the last bottom in early 2009.