Lol and then just as quick the narrative changes back!
In the AFR today, suddenly FMG is a great buy, and everyone is repositioning for some Trump trades. I guess that mean banks stocks, even though CBA is the most expensive bank stock in the world..Tech rebounds (magically), well Tesla and Nvidea anyway. The market is really like a little kid wondering "What bedtime story is Mommy going to tell me tonight?"
Meanwhile, Copper, Nickel, Lithium, Tin, Alumina are all tanking.
Have to see if NDX tries to retest the 200MA on the 3hr (would be another 200 pts up). Im expecting one test, and it might even try 21000 again for a 2nd time.
BTD (and dont worry about reality) still in effect though, it will take a long time for that to die out , wont happen until the market teaches that lot a very painful lesson.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16348
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