With Mark Wood
1 post • Page 1 of 1
I will post later after the close but just wanted to show a few things I've been tracking. I stated when I was on the show with Saw that I felt 40-42K was coming. This is close enough for me but I still think another drive lower is possible. Being said, there is some legit bullish divergence/exhaustion setting in that could at the very least get a relief rally before these even lower levels of support are tested(if they get tested at all).
Be careful waiting for the ultimate knife catch at the bottom. These areas have been front run and bought up higher than anticipated. There's a chance now that a $1T marketcap was reached that larger buyers will be more patient and allow price to come to them with even more conviction that this $1T has the potential to grow much larger over time. We shall see......