possibly an extended shakeout coming at the perfect pain point $10,000
consolidation may take place above the 18 MA LOWS guessing the range will be 8k - 12k this would generate a lot of shake outs 10k will likely be the best place for markets to take out stops on longs and shorts easy liquidity grab at the psychological fomo area
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so far right on the money
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looks like the shakeout is nearing the end now just 18 more months until 100,000 happy trading!
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