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I’ve always liked that expression, “free air.” Much better than “fresh highs.”
By the way, I had expected you to mention the massive spinning top pattern on the $DJT. As you are aware, a spinning top does not mean the top of a bull move, as it can happen anywhere (as it did 7 sessions ago). However, the indecision that it indicates seemed pretty pronounced on this particular day. (I wanted to work in a little alliteration.)
True, and it happened on the IYT with an uptick in volume today. I believe the heaviest volume the IYT has seen in many months. Churning? hmm…