Apparently, next week is supposed to be
the second most bearish week of the year, believe this is based on research going back to the year dot, aka a long time. Can see the logic in that as it may have some bearing on yesterdays weakness - bots excluded along with the common punters confirmation bias. We will see if this year is different. The scene would fit in well with the Santa Rally nonsense so that everyone can celebrate the festival while gloating about how marvelous things are in the wide yonder. Just trying to expand on thoughts that prompted me to post the SPY chart, not that anyone should attach any significance to my ramblings.
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