Next week will be pivotal in the near future price action. Today's selling was stopped on our trend line as expected and bounced fairly strongly. This suggests a probable bounce or the start of the last leg up...heard this before!
Bears are totally frustrated or have blown up their accounts attempting to sell this obvious con. We try and trade the clear sell opportunities instead of just holding, every dip is bought without exception. This will ultimately end and very badly.
What looks like a wedge developing can finish off the wave E up by the end of January. Of course this can truncate and Monday may see a plunge...anything can happen. Most likely a bounce of sort from here and closely watch the trend line.
A tsunami is coming, a Goliath that will consume everything of excess. This video game is almost over and the true reset about to begin.
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