We'll find out in the next 8-16h as the MA's are tightening for a multiband crossover. Which ever way that goes it will the a direction.
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Me thinks this run might be outta gas. Weeky MACD flips negative sunday without a big rebound that I really dont see coming. That will lead to at least a few more weeks of down and threatens to pull monthly negative.
Think that's the wait and see now. Does monthly hold and we try a late year run higher or is this cycle already topped out. I think we might be done barring an announcement that USG is accumulating bitcoin. I think that was a big lie to begin with and Bo Hines stepping down and Bessent's comments confirm that.