Yes, I've been calling for a holiday bounce for a few weeks. Yes I was looking for downside early in the week.
Today however, was the crucial day. I was looking for early weakness to find support for a nice wholesale low risk buying opportunity Instead, we gapped up big and went higher. I'll now watch for a continuation pattern.
The whole weakness first scenario now goes out the window, as failure from here would not be bullish.
It is what it is, I can't fight it or change it, but I can still complain about it, that's why I have the blog!
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