this is slow. See if we get the usual ramp up overnight and maybe it'll show me some proper gains tomorrow
Printed a new ATH the last minute today like yesterday. No mercy for the bears. I'm thinking 3450 tomorrow, but it's possible that level will trigger some selling for a drop down to 3390 by Week End.
i'll cover at around 3460 or so Maybe we get the usual overnight rally so won't need to do too much to push it there for RTH
Over the last 4 weeks or so - we had 5 corrections/down moves ranging between 51- 93 points. The largest preceding up move was 166,50 points. This last leg up is currently at 104 points. Yes, so far all of them was recovered, but it can easily happen again. Even bull markets retrace.
I just wrote this on my prior post above the one you quoted... I'm not stepping in front of the freight train, though. Need to first see some evidence of a top in real time when we get there.