It looks like today will be the day they fill the last gap on the 1D chart
Which gap? From September? Not likely to fill that today.
Looks to me like a STRONG bull move right here. My guess is a rally into the 200dMA or Downtrend line (daily chart) before the next leg down.
However, would not shock me, with this price action, if a new decent bull move is underway.
Futures shot up like a rocket on not-that-great economic news. Maybe people are thinking that gridlock in DC is better than communist nirvna.
Weakening US dollar also helps international companies, which is a lot of the S&P 500.
I've been bearish most of the year, but bullish at the moment. Let's see where it wants to go.
BTW: If we are thinking conspiracy theories, the globalists' wet dream is digital currency. For that, they need to destroy the US dollar so they have an excuse. US dollar weakness looks to be starting today. If it continues, it will drive the stock market higher (for awhile). Also, watch gold. Making a big bullish move today.
It looks like today will be the day they fill the last gap on the 1D chart
Which gap? From September? Not likely to fill that today.
Looks to me like a STRONG bull move right here. My guess is a rally into the 200dMA or Downtrend line (daily chart) before the next leg down.
However, would not shock me, with this price action, if a new decent bull move is underway.
Futures shot up like a rocket on not-that-great economic news. Maybe people are thinking that gridlock in DC is better than communist nirvna.
Weakening US dollar also helps international companies, which is a lot of the S&P 500.
I've been bearish most of the year, but bullish at the moment. Let's see where it wants to go.