Rally Near Exhaustion?
Updated
Santa came and the rally goes on until Happy New Year. Then... what?!
An impulsive movement looks to be close to end run. Passed the first Fibo, can pivot anywhere in zone. Near overbought.
After a correction back to former resistance, expect a final parabolic nutty runup. Until the first rate hike.
Not investing advice, just a warning... probly close to rollover after the mad dash.
An impulsive movement looks to be close to end run. Passed the first Fibo, can pivot anywhere in zone. Near overbought.
After a correction back to former resistance, expect a final parabolic nutty runup. Until the first rate hike.
Not investing advice, just a warning... probly close to rollover after the mad dash.
Note
Looks like the gap fades before the open. Probly at ATH, might squeak bit higher.Note
Flipping puts all day, and power hour calls EOD. What a nutty rally, one simply cannot apply reason or logic to this market!Note
Yeah wow look how they sold onto the EOD short-cover lift, BAM! Feels Beary IMO.
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