Jim agree on your parabolic take here...so many are conditioned to sell breakouts that my guess is due to rampant skepticism it sticks this time especially in light of our index patterns. The fact that most of the indices broke out made 4 week corrective moves to major support and got it all back and more in less than a week is bullish. Our recent shakeout move served to draw in shorts/shake out longs so that the maximum miss the move.
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