As you can see for the past a few weeks there has been a battle between bulls and bears and each week one of them had the higher hand by monday (Red vertical boxes) with the exception of Christmas and new years holiday (green Vertical line)
If this routine goes on, prepare for the bullish week to come and if not the market eill bleed and it's hard.
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Personally I'm betting on one more reversal before the market begins to correct real hard and still have all my longs open
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Let's wait for chicago, Right?
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Penafian