True. But XJO (the dog) is still doing its wedge ping pong (unless otherwise proven).
Maybe I am overthinking. But I think US is concealing its real intentions behind the Santa rally.
History says it's unlikely to go down this time of the year. But last night US printed a very predictable pattern, and that's always a concern.
I just think it can't be that easy. Tonight should tell us more. But there's plenty of time between now and midnight for them to do the shenanigans.
Same with XJO. All the lines, EMA bounces, channels, etc seem too perfect. It feels like the thin vol algo is luring traders in.
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