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Market Volatility: Is This Really a Bull Market?
The U.S. stock market opened high but couldn't sustain its momentum throughout the day—is this what we call a bull market? If 89,100 is broken, key support levels to watch are 87,200/86,850, 85,150, and especially 85,000, which was the starting point of last night’s pump. If the market falls back to this level, it would indicate that all the liquidity injected by the Market Maker has been completely withdrawn.
For now, there is some support, but if Trump continues to manipulate the market using information, the futures market could face serious instability. In an information-driven market, technical analysis becomes worthless—it’s like playing Contra while someone else has unlimited lives.
#StockMarket Trading #MarketManipulation Futures