Short
One More Rally?
The Dow finished the week on a high, up almost 2%
A rally has again commenced from the uptrend line and a bullish engulfing candle to boot!
Look at the squeeze and tell me how much gas is left in this tank?
Volatility is rising coupled with a Hindenburg Omen on the clock.
This is why we stay small short and sleep easy at night....patience.
The technicals are not wrong, only traders taking on too much position or at the wrong time.
You must adhere to money management to survive this game.
Expect another touch at the top of the trend to finalise or flush out the last bears.
April/May looks like the period to be in the zone.
Hell will break loose and the panic.
Inflation is about to enter big....there is only a few hedges against it.
The world debt mountains cannot be repaid, but they can be inflated away.
Low risk entries at the very top of this wedge are coming...snare a dream opportunity.
Good trading
A rally has again commenced from the uptrend line and a bullish engulfing candle to boot!
Look at the squeeze and tell me how much gas is left in this tank?
Volatility is rising coupled with a Hindenburg Omen on the clock.
This is why we stay small short and sleep easy at night....patience.
The technicals are not wrong, only traders taking on too much position or at the wrong time.
You must adhere to money management to survive this game.
Expect another touch at the top of the trend to finalise or flush out the last bears.
April/May looks like the period to be in the zone.
Hell will break loose and the panic.
Inflation is about to enter big....there is only a few hedges against it.
The world debt mountains cannot be repaid, but they can be inflated away.
Low risk entries at the very top of this wedge are coming...snare a dream opportunity.
Good trading
Trade closed: target reached
We are at the top of the wedge today, 32403
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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.