I love being in the minority when I am right.
I guess I am in the minority again this blessed afternoon.
With everyone thinking we'll just keep going up past 3930 etc.
The Index has moved up 2.3% folks, there isn't enough juice to get all the way to 3950.
We'll drop a lil bit on the remaining part of the session.
At this point the stimulus news is priced in and there isn't a whole lot to keep us rising.
I think we'll end the session below 3888 maybe even below 3868
Whether you do think we go to 4k tonight or not, best of luck to you all the same <3
With everyone thinking we'll just keep going up past 3930 etc.
The Index has moved up 2.3% folks, there isn't enough juice to get all the way to 3950.
We'll drop a lil bit on the remaining part of the session.
At this point the stimulus news is priced in and there isn't a whole lot to keep us rising.
I think we'll end the session below 3888 maybe even below 3868
Whether you do think we go to 4k tonight or not, best of luck to you all the same <3
Note
We were spot on on this one as the day ended along the path of the triangle.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.