Here we are yet again walking on the ledge.If Bulls going for a double bottom they need to step up on Monday. They have already ruined the first week of the year stats. Those odds ( first week determining January, January determining year) aren't overwhelming but they have a lot of power as a myth, and January is all about retail.
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I should add the weekly VWAP which anchors on first trading day of the week has acted as a bull barrier for three days in a row. I looked back a couple of weeks and it was not doing the same thing on the way up to the top.
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