The reason the Bears are screaming at the top of their lungs is the same reason the Truckers are shutting down Canada. Enough is enough, we've paid our dues, we did what you said. Sunshine, rainbows and butterflies to flatten the curve and an endless money printing machine. We started asking last year how long this Bull run can go on for. Now we peaked just below 37000 and people are so confident in the Dow going back to ATH. So confident in the governments and the monetary policy makers that they are willing to continue being a Bull. We will have to go through hard times before enough can gather the strength for a proper blockade. The Bears have been accumulating but the market seems to know that. Might be a good time to be part of a Fringe Minority, eh?
Comment:
What did I tell you! We are in the process of working our way towards a confirmed downtrend. Currently looking for Buy opportunities but be careful, expecting big moves today. Market is acting swift 1hr prior to open. Momentum could continue to push down.
Trade active:
SELL 35682.5
No TP, the entry is too juicy in this trend.
No TP, the entry is too juicy in this trend.