In my last post on Tuesday I was looking at a possible retracement that we then saw play out into a low on Wednesday afternoon.

Ideally I’d have liked to see the retracement go a little lower, at the least until the bear flags on Bitcoin, Solana and Ethereum all made their targets, but as it happened they all broke down but only Solana made the target at the retest of the prior low. That leaves unfinished business below that I expect to be revisited, most likely after next week.

The Santa rally this year has so far been spiky and uncertain, with Tech trailing rather than leading the pack, but for the next week at least the historical stats are impressively bullish.