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small double top or not, wait and see. Even it is a double top it's too small to be a real threat to bulls though.
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possible range day unless strong up from here now to new day high
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Equal risk funds now looking like smartest people in the room because their decade long bet on the Fed never ever returning to the old sort of market based system is again validated. After all, we know their is no sign of recession and nothing is wrong with the housing market (again).
I am not that bearish but 2730ish keep jumping up on my mind. was it the 5 days POC on the volume profile. I don't want the projection number cloud my thinking of a chart pattern but it's flashing at me like a disco lights.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Looking like trading in yesterday's range a much stronger probability. Already had the trade negotiation tweet to get the day started (created the gap), series of Fed speakers in full on panic mode, don't really know where they turn for the next rabbit to pull out of the hat.