Short
DOW - and the "musical chairs" game
what does it take ?
what will be the "surprise" data or news ?
what kind of mini black swan ?
In "musical chairs" you have to be quick to get the chair, and the quickest to get the last one.
I have to say I totally missed this spike, wondering if we had a possible broadening top then... obviously I was wrong.
But we have all ingredients for a correction :
- overbought and even negative divergence
- 5 waves upmove
- a very wide bollinger band
- an impressive spike
WOW...
+10% YTD and we have only 12th March...
Yeah, keep buying on those levels ! good luck
what will be the "surprise" data or news ?
what kind of mini black swan ?
In "musical chairs" you have to be quick to get the chair, and the quickest to get the last one.
I have to say I totally missed this spike, wondering if we had a possible broadening top then... obviously I was wrong.
But we have all ingredients for a correction :
- overbought and even negative divergence
- 5 waves upmove
- a very wide bollinger band
- an impressive spike
WOW...
+10% YTD and we have only 12th March...
Yeah, keep buying on those levels ! good luck
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