I think we need more consolidation in the 8k area now, than we had in 2017.
It would not be a problem if it go sidelines for some days.
Days lol
What is your theory, rjclarke?
You think that we are too overheated for "days" long consolidation?
That is my sense.
I am thinking that we cannot really stick around here exactly unless we go up and come back down or go down and come back up.
In other words, the way that we got here (into the $7,800 to $8,200 range), just does not feel solid enough.