Yep, it can certainly do the same to the upside. But the higher it goes the higher the probability of a pull back and a decent one at that. Daily RSI is very close to the highest level of this year as well. If this is a bear market rally its been a great one, but the pull back could be brutal if it is just a bear market rally.
Wouldn't be surprised if tonight sees more green but then i would be expecting red early next week. Been a crazy week.
Indices 25/07, page-180
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| Open | High | Low |
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