I firmly believe it is going more or less sideways until the SEC decision probably this week that will once again reject the ETF and it will go down.
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I firmly believe it is going more or less sideways until the SEC decision probably this week that will once again reject the ETF and it will go down.
unfortunately this seems most likely.
I think we'll trade within a range until the SEC decision...but it's likely going to make a $300-$450 move in the next 48 hours in my opinion.
While I don't think the SEC is going to approve the ETF, I'd be surprised if they outright denied it. I feel a postponement is the most likely outcome...but we'll know soon enough.