I was expecting this move, it came on time for the Fed day catalysis.
If you look at smart vs Dumb money as well as overbought conditions and negative divergences, you can see that this is a fakeout move, which happened many times in history.
I had a very important update last night, and will be doing a follow-up tonight.
If you look at smart vs Dumb money as well as overbought conditions and negative divergences, you can see that this is a fakeout move, which happened many times in history.
I had a very important update last night, and will be doing a follow-up tonight.
The box held on the first try. DOW closed red!