PRE MARKET
Looking for a precedent where after an extended high, major indices drop 12% in days and then it is just forgotten as markets just move back through the resistance like a hot knife in butter. We have only went back to 2000 but so far, cannot find any just yet. Will search more over the weekend. If any of you know of a time, email us.
Markets are now short term, extreme overbought but they were there yesterday. After the early dump, one could have believed the pullback had begun. Not!!!! Ramped into the close and finished at the high of the day.
Will have a big report over the weekend. Noticing another nice open but looks like leader ANET goes bye bye.