in a bull market rises are slow low volatility, corrections are quite quick, seems to me volatility remains high, I see this as an upward corrective, I also feel the past 3/4 year was a distribution pattern, even though it had an overall slow climb like a bull market, but the climbs in it were fast, to get it back up to the distribution zone. I feel this is only going to bounce to 4200-4300 area (though I wouldnt be surprised with 4400) before setting off for new lows.
All in my amateur opinion of course.
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