Got the fade as expected from the morning now it's time to rally
to the moon (or at least into the PPI tomorrow morning) and then
check your positions for the Wave 5 Friday Flush to fill that gap
below and then some. Given the high bearish sentiment and
high P/C ratio however if we don't rally into the PPI there is a
chance we do a Powell instant replay of last week - I doubt it but
ready for it.
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Got the fade as expected
SPX 3,933.92 gap is still open on the cash below ...
Posted by fredsaid on 8th of Dec 2022 at 01:01 pm
Got the fade as expected from the morning now it's time to rally to the moon (or at least into the PPI tomorrow morning) and then check your positions for the Wave 5 Friday Flush to fill that gap below and then some. Given the high bearish sentiment and high P/C ratio however if we don't rally into the PPI there is a chance we do a Powell instant replay of last week - I doubt it but ready for it.