RE: 281 by tomorrow cop, 295 by friday next week30 Nov 2023 23:19
Well without even looking at the charts, after the Dows performance today, we're heading north again tomorrow.
Obviously this can't continue day after day ad infinitum, eventually it will pause, retract, consolidate and then end of February, upwards again.
I don't ever dismiss chartist analysts but equally I've had serious muscular injuries relieved by acupuncturists, which I understand equally.
I'm a fundamental investor and merely look at fundamentals lol, geopolitics , macro/micro ecomomics, market share, revenue, free cash flow, future prospects et al
Boy, I wish I could ignore all these factors and simply look at a chart.
Sorry for the expression of my thoughts, but I do appreciate and respect the chartists.
I think we are both right and tomorrow is upward again, I analyse.
Good luck to all and I await the next chartist update.