1240 test was coming, Now back off then?
Now were up against the roof of the action...going from 1217 to 1240 likely sellers short term at worse...going into NFP and tax loss selling could see some volatility...long term looking for DIPS to buy...i wouldn't chase....
Note
to shake and bake properly you get more shaking if we reject highs..everyone will short and sell 1240 imho .....if we get over 1240..some will just hold regardless unsure of what is going on completely and hold tight
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