This quick update covers SPY, Gold, Bitcoin, IWM, and NVDA.
Boy, what a change in price range compared to the last few weeks. Looks like ht markets have settled into a deep sleep today.
I still believe the Breakaway pattern could really make a move in the last 30 to 40 minutes of trading. A solid squeeze potential is available to price if the short trading pressure starts to unwind before the weekend.
Watch how this plays out at the end of the day, and remember that next week should see solid rallying trends.
Have a great weekend.
Get some.
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