Market Going UP

We have been doing a cup and handle pattern for a long time...

The RSP shows you what the general market is doing unweighted and less distorted.

We have been experiencing much downfalls in the previous weeks in the BIG STOCKS,
but the rest of the market was not impacted...

This means...

Someone painted the market red... while buying the whole market...

Volume also seems to confirm more bullish bias than bearish bias.

Note

In addition, according to Jesse Livermore, this is also a bullish outlook.

Note

I also wrote in an old educational post that LONG needs a runway so the plane can take off...

It is clear that the market built a runway...
So now it is time to take off...

Trade active

If you look at previous run-ups we have more to go, also put it into context that Trump won the election...

The last time he won, the market continued moving up.

Trade closed manually

The market looks bad under the hood. I closed every position since I think the market will do a correction now from my experience.

Note

It did another push-up, then the idea materialized.

ZoharCho

🏆 There is only #1 way to trading
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom

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ZoharCho

🏆 There is only #1 way to trading
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom

Also on:

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