Good morning traders...
Welcome to a new week and a new opportunity. The market has rallied all of last week, leaving us all the way up at 4450 in this second distribution that I explain in the video.
On a technical level, that is a positive for the bulls. Fundamentally, I'm not so sure this market has legs. However, as I explain in today's video, fundamentals tend to lag and therefore I'd be careful just blindly shorting this market because you "think" it's gone too far.
Market doesn't care what you think, or what I think. In my view, the market has to favor the bulls here, but that can change quick with a news headline!
Welcome to a new week and a new opportunity. The market has rallied all of last week, leaving us all the way up at 4450 in this second distribution that I explain in the video.
On a technical level, that is a positive for the bulls. Fundamentally, I'm not so sure this market has legs. However, as I explain in today's video, fundamentals tend to lag and therefore I'd be careful just blindly shorting this market because you "think" it's gone too far.
Market doesn't care what you think, or what I think. In my view, the market has to favor the bulls here, but that can change quick with a news headline!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.