Liking how this post from Jan 24 is working out so far at least! Lets see what the bulls can do. See how we're looking in a month or 2 I guess.... Good start, though
Its actually a historical / statistical observation. Not a huge fan of guesswork . Anyway lets hope im right cuz it would provide one hell of a buying opportunity.
weekly tpo sees lot of air pocket below, 4640-4660 is empty with no prints. everyone sees that, just waiting for a catalyst. maybe nycb taking over by the fed, maybe nvda missing numbers.
That would be about 8% down from here, so not an outrageous possibility (I have no idea what it will do, just saying an 8% drop after this run wouldn't need a "the sky is falling" scenario).