Crack Cocaine Update Hour

Quite the pump. We are back at the channel noted yesterday (here). Given the excellent fibs we had at yesterday morning’s high, I expect that high to hold. I suspect we are in some kind of “b” wave of as of yet unknown degree and so I expect us to head lower and take out yesterday’s low at some point in the next few days.


The Russell 2000, it is worth noting, is back at its channel now (again):


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