Week of October 16
Retest 4200 amid escalating Middle East war?
Recap of last week:
Disgusting week for us. Short of the Sunday open was 20-30 points. Then the low of the entire week was 4299.50. So a grand total of 0.5 points of MAE, before a face ripping 120 point rally in only 3 trading days. 4300→4420 while everyone was calling for a crash last week. Huge winner, basically zero drawdown, insanely fast trend move. Perfect week.
Next move for markets?