Post by
apapas1973 on Aug 31, 2022 4:14pm
Much needed rally today.
We finally got a decent rally. Not sure if this is just a relief rally. I will say we're back above some of the support levels. IN THEORY, we should have hit bottom in the low 150's. The indicators retraced back to support, to the tee. A gap up tomorrow on high volume would really seal the deal. And put us above another support now resistance level. I will say any up day on very high volume will be the last piece of the puzzle. Everything else is still lined up. I'lll say it again. I still stand by the targets I've laid out. The move to around 260 ish is going to come and quicker than most think.
Comment by
EndZonefor7 on Aug 31, 2022 4:59pm
Yes was good day apapas. No funny business at the close too. Good riddance to the summer markets.