Long
Rally Continues On Hope
Thanks for reading my idea, your support is appreciated!
The election out of the way and the markets rally today on certainty.
There is a high probability of continuation in a wave C up move for perhaps some weeks....could even culminate in a blow off move.
Patience is key for a stretched and overbought time period to develop into a short.
2021 will present the motherlode.
Am sure some surprise is lurking or planned to upset this rally before it ends...rarely does such a straight line up go for long.
If you feel too much risk for the indices...then simply get into silver and gold.
Good trading
The election out of the way and the markets rally today on certainty.
There is a high probability of continuation in a wave C up move for perhaps some weeks....could even culminate in a blow off move.
Patience is key for a stretched and overbought time period to develop into a short.
2021 will present the motherlode.
Am sure some surprise is lurking or planned to upset this rally before it ends...rarely does such a straight line up go for long.
If you feel too much risk for the indices...then simply get into silver and gold.
Good trading
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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.