Quote:
Originally Posted by BroadwayJoe
my thoughts exactly.....
todays SP showed a support level turn around when it hit 3650
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Contrary to popular belief when a support level is “broken” price is more likely to rally.
This is because by violating the time/space quadrant that price has been trading in, it “enlarges” the area thus allowing price to rally, to seek a new equilibrium.
Aristotle: Nature abhors a vacuum.
