This Is the Market Pattern

March 26, 2024
Author: Peter Stolcers, Founder of OneOption

The "easy" money during this rally has been made. Now we are falling into a more normal pattern.

PRE-OPEN MARKET COMMENTS TUESDAY - As this rally matures we are seeing the momentum wane. The price action in the last month has been more horizontal relative to the last few months and that is normal. Spikes up to a new relative high are met with selling pressure. Support is confirmed, the price action compresses and then we have another leg higher. I believe we will see a small leg higher and it could start Thursday.

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