this is slow. See if we get the usual ramp up overnight and maybe it'll show me some proper gains tomorrowL 3430.5
So you’re calling for a retrace?Over the last 4 weeks or so - we had 5 corrections/down moves ranging between 51- 93 points. The largest preceding up move was 166,50 points. This last leg up is currently at 104 points.
Yes, so far all of them was recovered, but it can easily happen again.
Even bull markets retrace.
So you’re calling for a retrace?
I'm thinking 3450 tomorrow, but it's possible that level will trigger some selling for a drop down to 3390 by Week End.