Likely hit 40,500 - 42,200 before continuing parabolic bull run
Corporations have begun accumulating for thier balance sheets, but the lump of these purchases will probably take place between the 50-60 daily EMA's. It looks like we will continue stair-stepping down until that point. May take a week or two with some bouncing around in the meantime.
Ejecting this amount of new cash into the market without causing a ballistic run up, takes time. Extra liquidity caused by March FUD together with overall market weakness is an opportune time for big money to take up big positions.
As soon as the announcements come out we continue Elon's trip the moon and beyond.
Follow the smart money and scatter your buy orders now.
Ejecting this amount of new cash into the market without causing a ballistic run up, takes time. Extra liquidity caused by March FUD together with overall market weakness is an opportune time for big money to take up big positions.
As soon as the announcements come out we continue Elon's trip the moon and beyond.
Follow the smart money and scatter your buy orders now.
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