if the market moves away strongly from anything- like a high, a resistance- that point will be revisited. so the start of this fast correction will be definitely tested this why wide ranges seem to go on for ever and positioning for a break out can be frustrating indeed
i think there is an issue. the elite think in percent. percent is all very well for the elite but the middle class do not compound in percent, dollars and pounds matter. it is many times more serious than the elite seem to be willing to accept