I think that a move up (to the moon) right now is what everyone is expecting. Since what everyone is expecting doesn't usually play out, here is my theory.
We will have a false start so to speak. A decent run but it'll lose steam.
And then---> In order for the big boys to get their massive orders filled, They will need to dip down into all the long stops that are hanging out under so-called critical support. These will be the whale food in the coming days.
If we drop below 6450 then we may become bear food.
Who knows!?
We will have a false start so to speak. A decent run but it'll lose steam.
And then---> In order for the big boys to get their massive orders filled, They will need to dip down into all the long stops that are hanging out under so-called critical support. These will be the whale food in the coming days.
If we drop below 6450 then we may become bear food.
Who knows!?