4-Sigma Move Nearing Termination

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4-Sigma Move Nearing TerminationS&P 500SP:SPXCryptogold14The bullish impulse move from the last two weeks caught a lot of traders off guard. With OPEX in the books and gamma reset, coupled with extreme overbought conditions on the hourly timeframes, we should see near term consolidation before the next move higher. I think it's probable price goes a little higher beforehand. Of course, with the unpredictable nature of the Iran war, best devised strategies could be laid waist.