I’m not buying any of this — literally — since it is coming off a 133.81 low that lies almost $2 beneath the lowest low I could have projected using the hourly chart. That suggests sellers will soon resume control, even if it would only take a print today at 144.31 to temporarily cede the advantage to the madmen. Incidentally, a pullback from just above 144.31 could provide camouflage for traders who want to jump on the stock for a presumptive short ride north.
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