We are expecting a pullback to our support level before price takes flight and breaks through recent daily highs... Although price is in a steady uptrend we are still in a BEAR market until 6830 is broken.
How can we be In a bull market if the weekly highs have not been broken? some people just get too excited ;p
This market like any other market is heavily manipulated by the big players, so when they want a bigger return on there investment they will just pump more money into the market causing it to push higher, then when the braindead people of the world see it going higher they also want to jump on so they don't miss out FOMO, Then when the big players are happy with there return they pull millions out causing the markets to fall and wiping out all the little players who thought they were going to get rich.
Trading is all about mind-set and been 1 step ahead of people... if you cant be 1 step ahead you will always be 1 step behind.
And if you walk around blindly following people you will get f#cked.
How can we be In a bull market if the weekly highs have not been broken? some people just get too excited ;p
This market like any other market is heavily manipulated by the big players, so when they want a bigger return on there investment they will just pump more money into the market causing it to push higher, then when the braindead people of the world see it going higher they also want to jump on so they don't miss out FOMO, Then when the big players are happy with there return they pull millions out causing the markets to fall and wiping out all the little players who thought they were going to get rich.
Trading is all about mind-set and been 1 step ahead of people... if you cant be 1 step ahead you will always be 1 step behind.
And if you walk around blindly following people you will get f#cked.