Paul, I would agree with you but looking at the tape action I see too much support at just the right critical momoments. These are not dip buyers that are stepping up to the plate for the most part. Dip buyers would wait for more of a dip. What I see is a "planned effort" to move the markets higher is how I read the intraday price action. Of course this action draws retail in from the sidelines and helps build the momentum. The buying, when it comes in, is just too strong for it to be real buyers in my opinion.
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