When the Massive Buy Algo comes.
1) It's going to look Messy.
2) Most likely will start from a drop down lower and a reversal.
3) In the end those who jump in and start the Algo will be rewarded with days of gains.
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Yep. I’d love it even more if it was a backtested hammer with a huge wick.
So one of those V shaped days again? Which would make some sense considering I feel like we have seen a lot of these recently
The ALGO created by a criminals way off thinking, steal and then sell what they stole on the hot market at what looks like a discount to others.
EMA100 on the WEEKLY chart for the Nasdaq is approximately $13,016, though I’m staying away from anything but the swings I’m already in. However, it’ll be interesting to see what happens there. $12,198 is the next “support” level, IMO, on the MONTHLY.
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