Why we should not learn to time the market ?
As you can see from the weekly chart, it has been going sideways since 2022 and assuming you bought it at 235 price level, the market has brought you nothing but disappointment on 3 disappointments.
You can see each time it reaches this level, the sellers are there to take profits or short it down. Will this time be different? I certainly hope so as Trump takes over the White House again....
Let's revisit the chart in a few weeks from now.
You can see each time it reaches this level, the sellers are there to take profits or short it down. Will this time be different? I certainly hope so as Trump takes over the White House again....
Let's revisit the chart in a few weeks from now.
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