After a most amazing bullish week we are about to start another... Many think we are going to retrace 50% or pullback almost all the gains to fill gaps. I personally believe the lower gaps won't be filled now because of a powerful bottom reversal. I also think the bullish markets will continue this week. I think we may have a small pullback to start the week.. To catch a few bears that are to excited and to give the market some more breathing room....
The market needs to make a HH (4400+) to confirm a new bullish trend. I don't believe it will stop there.. Using TA, fibs, channels, Vwap, and other tools I easily show where I believe we will hit this week... close to 4500.
If this week is bullish like I believe then I expect the following week which begins the new moon bearish period with a looming government shutdown so I expect a pullback to begin then...
The market needs to make a HH (4400+) to confirm a new bullish trend. I don't believe it will stop there.. Using TA, fibs, channels, Vwap, and other tools I easily show where I believe we will hit this week... close to 4500.
If this week is bullish like I believe then I expect the following week which begins the new moon bearish period with a looming government shutdown so I expect a pullback to begin then...