On the Daily chart, I have marked each month by the vertical blue lines. The purple lines are the monthly opens.
I will be looking for the low of Monday the 23rd to be taken and a couple of inside days before the breakout of Thursday's high. The three stacked highs at the end of November/beginning of December are easy targets to be taken. Also, the creeping trend with the FOMC blowoff into the rising trendline is another dead giveaway for a short squeeze.

I will be on the watch for October's open to be used as a major support for the bounce

This ALL lines up with my longer-term plan of the dump back down to 37,000 for the upcoming 20% correction. 37,000 will be the higher low in the Secular Bull Trend that is projected to hit 159,000 by 2042.

I will be looking for the low of Monday the 23rd to be taken and a couple of inside days before the breakout of Thursday's high. The three stacked highs at the end of November/beginning of December are easy targets to be taken. Also, the creeping trend with the FOMC blowoff into the rising trendline is another dead giveaway for a short squeeze.
I will be on the watch for October's open to be used as a major support for the bounce
This ALL lines up with my longer-term plan of the dump back down to 37,000 for the upcoming 20% correction. 37,000 will be the higher low in the Secular Bull Trend that is projected to hit 159,000 by 2042.
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