Maybe, today marks the capitulation of the last remaining bear.
But why guess the top?
When the market does finally turn around, the market won't keep it as a secret. Sooner or later, it will show up as a trend change on the daily charts.
Patience is a virtue, though, personally, I don't follow my own "advice". It is just too tempting to short at the top. It makes me feel like a hero!
2 comments:
do you consider this as a break of 1054/1057?
Maybe, today marks the capitulation of the last remaining bear.
But why guess the top?
When the market does finally turn around, the market won't keep it as a secret. Sooner or later, it will show up as a trend change on the daily charts.
Patience is a virtue, though, personally, I don't follow my own "advice". It is just too tempting to short at the top. It makes me feel like a hero!
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