"Trying to make run"...I agree, same stupid set-up for same stupid shite this aft....at some point, scared shorts will not play along, and tactic will stall and even backfire...
I mean, at some point (and soon), this market's got to make a run during day, or this "move" is BS..
If I may repeat, the market of the past week or so most closely resembles, IMO, that period in Feb/March (one week) is which all gains were made on gaps up, but nothing happened all day , tape painted end of day.
This led to a pretty major collapse from 2100-1600 in a few short weeks. In retrospect, that "week" looks like the end of a happy distribution phase for big money, and, that week, J6P said "no mas", and the big boys panicked...
May or may not be relevant here....like everything I post <G> |