Just when you thought it was safe to go back into the kitchen. The bulls ran out of buyers above 2700 this morning.
There are some very savvy traders, on tradingview,com too many to list here, but overnight large credit must go to both lapin_ and deedeborn , both of whom told me... unequivocally that some thing was wrong and amiss with that bull reversal we saw yesterday.
Based on what I am seeing this morning, their insights were spot on. Downside Risk is Now Elevated,for a move back to 2621.53 Low of 12/6/18
Violitily in the short term nealy always ends the same, in higher prices. Im buying here. If we get a crash, were all Fkd anyway. Cheers to good times in either direction.