I don't know the numbers, but many miss the beginnings of a bull market and even by the time it goes into full swing, many would doubt the strength of the trend as it is against what's been instilled by MSM. Not saying I know better or you don't know how to tell a trend :)
Option expiration this Friday. SPX unnaturally perched at 3999 as there are a lot of calls and puts that expire on 20th Jan for 4000 strike, so those who SOLD those puts and calls are trying to engineer S&P to close Friday 20th as close to 4000 as possible i.e. worth approx $300 mln per S&P...
"The First 5 Trading Days of the Year
If the Dow is higher for the first 5 trading days of the year then there is an 82% probability that the Dow will end the year higher with an average gain of 13.5%.
If the Dow is lower then there is an 56% probability that the Dow will end Up on the year...
Hm, 4400, during this leg? Option expiration 20 Jan, I don’t think this is reasonable, even my call of 4150 from some weeks ago, may be too distant cause 20th is within few days, but you never know.
I added fibs knowing how much you love them!
How does Putin’s ambitions translate into TA? Surely, that’s fundamentals!!!!
Also, for now we are going up doesn’t equate to end of crypto winter, more like it won’t be snowing for a while :)