289 and the nwhat
Pretty clear to me that we are in the Euphoric stage of this bull market. Just ask everyone buying into the market whenever there is news that there could be MULTIPLE rate cuts this year. Remind the last time that was a good sign for the economy? Or take a look at the 40 billion dollar cloud stocks that are yet to turn a profit. Cloud.COM in my honest opinion, but the tricky thing with this is, it's very difficult to predict when the run up is gonna end but when it does....
Looks like we could be down today, retest the 281/280, but as long as there isn't heavy selling volume, 289 looks like the next stop. From there, I'd expect a reverse back down to 267, but if we were to break through and hold 290. We could likely retest our original top projection around 300.
**As Always, not trading advice, please do your own analysis!**
Looks like we could be down today, retest the 281/280, but as long as there isn't heavy selling volume, 289 looks like the next stop. From there, I'd expect a reverse back down to 267, but if we were to break through and hold 290. We could likely retest our original top projection around 300.
**As Always, not trading advice, please do your own analysis!**
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