Let's see if the LOD triggers some buying or not. Either way, we won't see a close above 82 for sure.
So do we give you credit or scold you for missing the target by 1 tick?? Really great calls these past two days.
Today is more fuzzy, but I'd say we close above 4418. Could see a new HOD if we start moving above 4225, but that's uncertain at this point.
Fuzzy, indeed. Still expecting the LOD to hold here for a move back up to 4415. All bets are off if the LOD should break.
Deutsche Bank analysts predicted a 3-5% correction due to how long it has been since the last significant market drawdown (73 trading days).