Stay Long – Take Gains If You See This

February 23, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

A buying climax could be setting up. If that happens we could see substantial gains, but the backside will be nasty. Here's what to watch for.

PRE-OPEN MARKET COMMENTS FRIDAY – The market is making a new all-time high and the “dip” was brief and shallow. It was actually more of a compression since we stayed close to the all-time high. This was our most bullish outcome of the 3 possible scenarios I highlighted.  

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