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clock Created with Sketch. 05/11/23
14:42
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Originally posted by Baron1:
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Will be closing the very few longs I have left Monday waiting for the pullback now. If you look at the S&P the number of gaps below make it look like swiss cheese no way they aren't being filled IMO before we see a serious resumption in the rally. Possible 200 point drop in S&P on the way down to gap fill (higher low imo) followed by higher highs again.
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Most bulls closed on fri, most bears are still holding waiting for a pullback. That seems like a perfect setup for max pain which would mean higher as everyone expects the pullback. 7400 at least imho.
(20min delay)