Right now many analysts agree that the market is overvalued, but many believe that just because it is overvalued doesn't mean it needs to be corrected. Many traders now trade with cognitive dissonance because the market is overdue for a correction. Just because there may be a "bubble" that doesn't mean that it will "pop". But I think that due to and overdated...
Psychological Stages of a Bubble Market
1. Stealth Phase
2. Awareness Phase
3. Mania Phase
4. Blow off Phase
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Types of Trends
1.
Up Trend => Rectangle => Down Trend
2.
Up Trend => Down Trend
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