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Strategies & Market Trends : Humble1 and Swing Trading Friends
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rdkflorida2
To: humble1 who wrote (39157)7/19/2023 7:52:24 AM
From: Rarebird1 Recommendation  Read Replies (1) of 41052
 
There is record amounts of money on the sidelines, in money markets and expiring T-Bills that are beginning to get redeployed in the US Market, pushing the major indices higher. That is the primary driver of the rally. Shorts have not capitulated yet.

Money talks.

That is not to say, the Market cannot correct at any point before Labor Day, maybe 3%.

This is summer of 2000.
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