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cletus wrote:Some bulls are talking 3000 for this next leg up. I concur.
How are you positioned for this move? What was your entry? What level would you look to as a stop? What action would have you reconsider that the market would not be on the path to 3,000? What would an expected pullback look like? "This next leg up" suggests relatively direct?
What chart patterns/study are you using to base your opinion?
It is just at 12 hours since the overnight high was set. I still see lots of standing sell orders to chew through. Some bulls need to step up with open wallets as we only have an hour left until those Euro time zone traders start focusing on world cup full time.
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