Though slightly cryptic im pretty sure everyone can understand what this is saying rather self-explanatory to look to fill the gap. Gaps do not always get filled BUT often do. This is your temp. short-term Bullish case within reason and short of a moonshot of good news and or actual change of narrative globally. Overall, we may or may not fill the real gap around 4220 soon regardless either way I still think we need to retest the low and or possibly create a new low. I called 18 months ago a drop at some point to the 2800 to 3200 ranges. I later stated i could be happy with a dip into 3300 range to call it good for a low and go back up. I think overall the 3400-3600 bottom doesn't really do it for me with all the extra DRAMA globally and amounts of $ printed which THEY control more of than we do. No reason not to end the overall cycle lower for them and begin last rebuys LOWER.
I expected true lows in stocks to be in spring/summer 2023 and housing market 12-18 months later.
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