2 of the best technical forecasters I know were expecting a sharper rise to ~4900 on US500 index, pull back to 4400 - before a move to 5500
i doubt their view is significantly changed - and if they are right I would expect a big PMs move in that blowoff
if they do change their views I'll let you know
one of them nailed the oil pullback call - said it would roll over at 80 and pull back to 60s or possibly low 70s
i have my own methodology that shares similar views to him - but he;s been doing it longer so more market experiences embedded
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