the cash open was a gift ! amazing range
I had an earlier post that said S&P needed to close above 2700 and my take is that this move is "enough" to crush all the bear talk.
ALSO- looks like Paul Manafort case may be dropped which would likely represent the end of the "Russia Probe"...CNBC...
I have been bullish since Trump victory but I am turning bearish today.. one thing in my trading experience is to respect TIME SIGNALS
the follow through is just not there.. today is Fed decision and there is nothing they can say in the statemems that is going to magically levitate this higher...
there are thousands of different stocks and even many different futures contracts each with different level of volatility.. nothing special about crypto.. only teenage fan boys would think so
the bottom is in!!!
LIFETIME BUYING OPPORTUNITY HERE FOLKS
just visualize Trump tweeting about markets at ALL TIMR HIGHS and a bunch of pink hat libtarts crying their hearts out!
#KAG2020
I think the knock on "low volume rallies" especially in indexes (ETF/futures) is a fallacy.. volume will always be higher on the downside.. large part of the market is "buy and hold" and any move in that direction just reaffirms conviction (stand pat)..
sell off naturally inducing trading...