The 1152.75 target given here earlier is still the only game in town, but it feels as though DaBoyz will need some news to catalyze the short-squeeze that alone is capable of making the rally happen. The midpoint sibling of that number is 1110.25, and so we shouldn’t be surprised to see the futures loitering near that price for as long as it takes to muster sufficient bravado for the next leap. My hunch is that when it finally happens, perhaps starting with a gap at the opening, the move will prove to have been all but inaccessible to even the most patient bulls.
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