That's purely from a technical standpoint. My timeline in the near term is more bullish b/c convergence of recent events in large part. My overall thesis remains bullish as it was 4 yrs ago.
Not sure I agree as we couldn't get past the wall at only $2.70 because not one person other than Mnuchin and Trump know about NWS. MY gut tells me with all of the bad luck FNMA and FMCC have had and all the secrecy that still surrounds them, the sweep will go off as planned.