I still think in next few weeks there will be selling again in the Nasdaq and it will drop drop down to 12400-500.
But it's a process that takes time and these rallies are so important for traders to make maximize profits and make even money.
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Totally a process. 50 day in S&P held in Futures triggering this rally. I thought it would take place in regular market yesterday morning. We will see a retest down the road.