SPXL - SPX - Were not done yet
Updated
On the SPXL I can see using TA plus fibs that it looks like another leg up is coming. Usually things don't top at the 1.4 fib but continue to the 1.618 fib. Doomers are out in full force which happens at every local bottom. Yes we are getting up here but doesn't mean we can't go higher yet and looking at my TA in addition to other stocks they all look bottomed out and ready for a move higher to keep the bull trend in tack. Yes yields are moving higher but stocks have moved higher with yields before... I don't see a top till end of January at earliest but learning more towards March/April. If BTC can continue up from here that would cement that timeframe for me. Lets see what happens.
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Well we had another day down but now it actually looks even better..most things are well sold off now so I think the broader market heads up from here. Lots of doom people out and the fear and greed indicator is at fear.. I think the market will climb this wall of worry now starting tomorrow. 
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