Quote from athabasca:
Incredible.
Do you guys think this thing has enough fuel to reach high 70s today with shorts getting caught looking for a correlation to the European markets in the afternoon as well as H&S formation that's about to be voided? (Personally. I think it's highly possible now)
Quote from athabasca:
Case against: Advance/decline isn't really having a follow through like the price and trin has been above 1 for the last two days contrary to mildly bullish price action (distribution?). However, we might catch some major fire if/when stops get hit and trin drops below 1 (no more selling pressure on the underlying)