Sharp rally followed by sell the news. This is not unexpected...

Sharp rally followed by sell the news. This is not unexpected given its run since the EU cut. I think the fast money locks in trading profits before the next record high comes. It’s going higher once this very short term action washes out. Market knew this was coming and hence the $2600 short term target getting hit. We could see low $2500 before it cranks back up. That’s probably technical more than anything. Bull market is locked in. More rate drops across the world, more printing, more debt, more debasement. All clock work for higher prices. Volatility to be expected. Good luck.