Thank you Donald Trump and your team for making the stock market go upwards. This really helps us regular people.
I think it keeps going a bit further. Not sure where, probably at least touches 3500. Nice round number. Depends on what the Fed says as they control the market. This guy is more accurate than I have been in predicting market direction:
I've learned over the years in order to spot a reversal a PA signal has to be given and then confirmed also by PA. Not a particular number hit.
Yep. Timing a market without confirming price action is about the most shit risk/reward there is. Up there with Powerball and lightening strikes.
The market is reacting to the US Covid Daily Case Data Trend, not a Fibo Extension or an RSI oscillator.
Depends on the skill of the guy doing it. I've seen reversals happen within pennies of the target, at other times price just zooms past. Anyone with only a 50% hit rate is still streets ahead of the rest of the crowd who have no clue. 3481 looks good........does possess the qualities to make it a high.
Although over the years I've bought LOD or near enough and flip side sold HOD or so it wasn't by calling the reversal. Just from spotting certain things and being lucky. Longer term, daily or higher, calling out numbers is just that - unless someone can show their bankable results. PA on the other hand doesn't need show anything but the way. Bull markets (and Bear ones) have many head fakes - whether or not important numbers are reached. Without confirmation risk is not minimized to the right level.