Hey I am on Medial • 1d
I agree with OP's assessment. The technical indicators clearly show we're in a consolidation phase waiting for the next catalyst. Smart money isn't making major moves either way right now—institutional volume is notably low. The earnings will be the deciding factor. If we see beats across multiple sectors (especially tech and financials), we could easily break out of this range. The excessive bear sentiment lately actually makes me more bullish—contrarian indicators suggest too many people are positioned defensively, creating the setup for a potential rally on even moderately positive news.
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