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The crowd has stopped buying. Tired. Sat down. Left.
Retail — the lowest in a year.
Everyone who wanted to "enter beautifully" has already entered and left even more beautifully.
Usually, during such moments, the market doesn't fall —
it simply stops listening to the crowd.
Historically, it looks like this:
first boredom, then silence,
and then a pump that no one believed in and no one was fast enough to catch.
So yes, technically it's a bullish background,
not "to the moon," but "well, let's go."
Santa might be lost.
And the market — is just doing its thing.