I’m Still Bullish!

January 4, 2024
Author: Peter Stolcers, Founder of OneOption

Two trading days does not make a trend. I am expecting this dip to be brief and shallow.

PRE-OPEN MARKET COMMENTS THURSDAY – The market has pulled back from its high and this has been a “soft” start to the year. The “window dressing” catalyst ran its course and now Asset Managers are not as concerned about it (there is not as much urgency to get long). The price action during November and December was powerful and the market is going to go higher.

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