Alibaba.
For quite some time I have been discussing the probability that “they” would never let the market go down and put the largest IPO in history at risk of being postponed for “market conditions.”
Here’s where the rubber will meet the road.
Over the next few days we get to find out if the latest market rally is for real, or was a function of options expiration and Alibaba.
There are further upside targets that are attainable. There is also a window from which the market should turn in the other direction.
We always let the market tell us what to do and how to react.
Full report in today’s video.