Theory 1) I think we all seen it predictably trade from 25-45 back and forth so many times that the the prevailing wisdom is take profit when we get into the low 40s buy back around 30
So, it become a sulf fulfilling prophecy.
Theory 2) I seem to remember monkey saying something about one of the fib levels around 45 and we needed x volume to get past it, might also be what that
if its anything like last time the next week couple weeks are going to be fun, this thing will fire right before or on earnings, especially when sterling gets the forecast out
if this plays out like the last then I'm looking for a volatile day tomorrow, perhaps a couple of red days, sideways for the next 3-5 and then straight up.... or maybe just straight up