Not only will people be repositioning for the "Santa rally", but tech earnings will create a lot of distrust in the "big 7". These stocks are single handedly holding this market up, it will take the slightest news to make the first domino fall.
The second we get confirmation, play it long.
Remember, the market has its ways to do the opposite of what everyone is thinking.
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HERE WE GO.
While everyone and there mothers are saying BUY BUY BUY, be skeptical but know when to act. This is text book and I can only assume that we will see a dip to 14.80 level at the MOST.
If it continues dropping past 14.80..... They were right BUY
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14.60 here we go! Maybe Lower?
Trade closed: target reached
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Target hit perfectly, time for this thing to go UP!!!!!
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^
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Will it bounce from support or break? I think bounce.... UP!!!!!!
@s12sss, No, actually not at all. Its the opposite, this time will happen like every other. I think weak retail sales from black Friday and the weak guidance of NVidia is a strong signal that this bubble has little room before it pops. Move with the trend, but identify signals that may reverse it and be ready to react.
LeapTrades
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Does anyone know why the 14th is one of the biggest days to come for generations???????????????