Post Election Breakout
Updated
I believe we are in a descending triangle, which barring any significant bullish divergence, should be more than offset by the bearish one on the monthly. Although many people keep trying to find similarities with the COVID dump I simply don't see that happening but a dump to the 600 SMA on the daily looks more than plausible and one cannot really go wrong if he buys in at this level
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Today even more than a few days ago we can confirm the validity of this descending triangle and a move over the coming 7 days to 10.1K is very much in the cards
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