Likely correct, the weekend is not the time for great moves or within a range and then it reverts for the working week open or at least this seems to be the most common pattern. As for Monday itself, its a bit of a slim chance we see such a great move from just now.
The range is about the last low or slightly negative to that and the top price would be about 9000 or 10k which is a bit more of a move but so far its not doing much. Just going sideways means we are more likely to go up and I'll believe that even with lower lows as they are on trend with pricing for the last few months. If it breaks even that lower trend then we have some more
excitement possible of the lower bands of volume and support of a year ago, 6k or 7k but not before the 30th I guess.
Since we walked past the 200 day average not broke it especially, I think up is more likely next.
That's the spirit! A few good FOMO hours and it can meet even my 19197 bet!
We dont have that FOMO, thats the froth of the great crashing waves and alot of momentum. We just slipped down a bit, more of a gravity thing as price forces markets to find good support to base itself. We arent in that exciting market mood unfortunately nor especially great fear imo, seems to be more like profit taking and some upset as people had hoped for the opposite. Just another cycle and necessary for good market health I guess, no biggy.
I'm not too upset, I was five names away from those written as in range so not so bad for such a long short.
oooh come to pappa ;p
Got a roughly similar view yea