This is based on my dowsing and intuitive methods. I think there will be a low tomorrow or something quick that reverses back up. The number I got through dowsing is around 4352. We'll see.
Note
I have more on this. I don't think the selloff takes out the LOD, but I also don't think we make a new high today either.Note
Now that we've made a new HOD and I see the weak LOD, I do think it's likely we break todays LOD. Idk if it's today, but it is likely.Note
This market is dominated by short term momo money. When the reversal comes, it will be swift with all the weak references they buy at on the way up. It could also be shorts repeatedly getting squeezed and needing to cover that keeps this upward trajectory. It makes me want to play elsewhere.
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.
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.