Well, I've been doing a lot of studying this week, and I've had a lot of fun watching bears and bulls alike try and forecast this light volume choppy market. I still hold the title for the "King of the Bears" on this site. So I thought, what the heck... why hold back? Why don't you tell them what you really think about this market.
There's a lot of technical reasoning that underlies this target, but for now, I'm just leaving you with a cryptic chart. I won't bore you with all the TA details... Besides, I have Waaaay more important things to do tonite ...., while the board marvels over rate cuts and new highs... I'm going Tuna Fishing tomorrow.
Good work !
