All in the video, I believe we are close to a turn although a stab above 4700 would be ideal to take out the majority of bears who are still hanging on. A few days to go higher at most, but I believe the parade is ending soon. Last update I thought we would float up into christmas but now it looks like we will top before then.
Good luck!
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ndx
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squuezeeeeeee
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weekly BB reached, IWM gap filled, NDX to 16500, everything is hitting their targets. Could go higher, but these are really nosebleed seats up here.
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We're still in a resistance area, but a double top is possible on SPX. I want to mention that although I think we could top soon I am NOT calling for a crash, just a pullback. The Pullback may be very choppy while a dash to trash continues into January.
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hourly rsi is showing hidden bullish divergence. I think they will end the week strong.
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market still holding triangle, I still think it goes higher, but of course it can easily start rejecting hard into the close. We'll see.
yes although we may pull back it could just be choppy, letting the dash to trash rally hard while the market consolidates. probably no serious selling until after the new year.