That’s been happening since the start of the downturn. When the market breaks support or an implied support level: 100/200 day moving average, S&P 4000, and others, it goes back an forth a few times. It’s a way for the Market Makers to work traders. But, the end result so far has been new lows::
I woke up at 230am, checked US market, bloodbath, back to sleep and wake up at 630am, checked US market, green, LoL.
Tesla getting some hate, it’s got a loooong way back to 2020 price. If you can’t build anything you can’t deliver anything you can’t invoice anything but hey, we’re all gunna have an electric car each during WW3. Tesla share price should absolutely get smashed to oblivion, send to $165, send Apple to Hades aswell.
BTC wick becomes the future daily close, 25.5k to be a new daily grind soon. 19k doesn’t look so bad if we’re at 25k daily price—> Death by a thousand paper cuts.
Monkey virus starting to trend on prison island media. The WHO have all the power now. Certainly feels like a deflationary event type of setup going to happen here. March 2020 repeat?