Whilst the dollar is weak presently, a downward trend may initiate, but it may rebound upward after stocks equalise against current requirements as overbuying may have created initial volatility....
Comment:
Buying has slowed to nearly a stop..Surely only the risky investor will buy and wont avoid the potential, inevitable drop on the downward trend.
However, I have seen very few upward trends continuing/developing from this kind of levelling pattern.
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However, I have seen very few upward trends continuing/developing from this kind of levelling pattern.