Man, who woulda thought people would bail out at the last minute. Got me all shooked up (yeah, it hit my stop, which shouldn't have IMO). Have a great weekend, y'all!
It doesn't look like the technicals. It pierced above the TL just fine, but why it retraced back below is a mystery. But 20 points is nothing in the overall scheme of things. I would think it's rug pulling by the Wall Street to do their end of the month portfolio adjustments to report back to their clients.
that's my trendline. I think most would agree we've broken through and are now testing against the 4100 level, perhaps people looking for a triple top. could've also been some manipulation to screw over the premium buyers. next week will be interesting though