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The FEELING is missing a revisit of the yesterday's low so that the pattern can be complete.
Flat open so likely just a range day.
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Quick comment before we hit the road for today-
Pretty clear after the fact that yesterday was all about the news. Also there was no careful analysis, just sell baby sell. So standard rule is the market will recover (or give up) 100% of the move then continue on. Could take until Monday with a gap and go open. I am sticking with the crowd that thinks we need a dip then all time highs to maximize the amount of retail cash in the market before the real summer sell off gets going. This move was just a reminder of what it was like during the previous administration (only backwards).
Sorry, was outside having my car services so missed the 10:30 breakout which declared the day as an uptrend day. Now it's too late but at least we know the very first pullback would be bought.
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There is 3 singles on profile today, all will fill within a day or two, market may attempt to breakout Monday, but from the profile it suggests a pull back to fill those singles 4160, 4151, 4141. 10 handles squeeze, very strong squeeze. poor high so far for today, one more push to complete excess?
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My comments are for entertainment/educational purpose only. NOT a trade advice.