We need another 20% plus pullback, crisis trade, to unleash the next round of stimulus and benefits. 2,500-2,600 es is in the cards.
Second round of stimulus coming right up...regardless of the equity markets. https://en.as.com/en/2020/05/24/other_sports/1590352368_962074.html
Looks like the rest of the day will be fairly dead. Look at how price reacts after a really strong up move..... it generally just chops around in a small range for a while. In our cAse, a while could mean 5-10 days. Hope I’m wrong !