naz zoomed past 2155 on the way up and down yesterday. interesting that it hit 2167. I am looking at the gap to 1800 now but I see too much support from trendlines or recent buying. 1870-1900 shows up on the weekly, 1970 if you look at a roughly parallel channel I have drawn below. 2070 if you like the rising trendline that pinches like a wedge.
Dude, I hears ya. With them goons out this thick right now. They got free money to do it with. As long as that is the gig...what can you do? Join em I guess, only my money aint free. It's like a bad carnival is in town and there is no other entertainment other than an old hooker with a woorms in her snatch, so you go to the carnival.
I sure do like the weekly chart of MEA. What you think about it?
That intraday reversal was pretty convincing that direction and tone have changed from the last few weeks, imo. Also I don't see 3Q profits meeting expectations for many of the big players in coming weeks....time will tell...lol!