Not too much going on. Just consolidating after the 8-9% move we made from the bottom to the top. Perfectly normal.
We're building a nice bull flag here so I reckon we'll break out soon-ish and head towards 50K+.
We may visit 47.5K to hit the .5 fib level but with the stock market sitting almost at ATH I doubt we'll go much lower than this during this consolidation.
Whichever happens is fine though. Still a lot of shorts to be squeezed.
