I agree, let’s for another nice solid base up and stay there for 2-3 days… Just like it did at 12-13c then 15c, touched 18c and went up to 20c about 3x before we got to a new base.
Each base from my observation the last 3 weeks is that it has touched a specific base 2-3x before moving up. It has been a stable and consistent pattern.
Market is overall in the red today. Especially materials so I say keep churning as a new base will have formed by Friday.
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