Good v evil
On to the lie -
Minis off a bit. I’ve seen em pull off some amazing maneuvers, whip sawing the DOW 50dma in a week to avoid a bear cross with the 200 might make their top 5 manipulation plays of all time. SPX doing all it can to stay above the 50dma, but other resistance is there. STB was only looking for a period of corrective sideways action here, so a little more upside can be tolerated. Difficult calling a rigged market. Downside action is about the only time technicals still work.
I’ll add - where price and MAs are, very dangerous still. All they’ve managed was to get their head back above water. Now do they tread, can they swim to shore or sink again? If I’m right they bob up and down for a bit then go under for an extended period and possibly drown
More to come below.
Have a good day.
GL and GB!
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