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Quite the day today, I’m looking forwarding to this market recap.
Thanks pyro!
Come on bulls!
https://www.youtube.com/watch?v=qztuEucrNBc
Haha
Nice recap ChessNwine – maybe the turkey gods flew south for the winter this year
Thank you, into! Should be interesting.
Hello Chess.
The action on the SPY today looks very bullish for the end of year rally, looking at the weekly chart of said index and as you explained the massive move on the daily chart needed to be digested to move higher later as has been happening all year seen it through the weekly chart, (when will that change? until it does but needs to be as violent as the IBB pullback was me thinks).
The IWM is the weakest link and if that continues the indexes can easily decouple from each other. MSFT and the DOW 30 are signaling that, the Qs are having a need pullback so far.
All the best tomorrow
You too, Chalan