New All-time High!

April 16, 2026
Author: Peter Stolcers, Founder of OneOption
Author
Pete

Not many traders expected the market to make a new all-time high with a war going on in Iran.

PRE-OPEN MARKET COMMENTS THURSDAY - The market has been stacking consecutive long green candles and buyers are aggressive. Light volume rallies are NOT bearish. Some of this move is short covering, and some of it is Asset Managers playing "catch up". The issue is that there are no sellers so even a little volume can push prices higher.

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