RTY pre-market with fibonacci.Fibonacci is primarily used to find support in this context so this graph is designed to give you more of a bullish perspective. Keep in mind the whole world thinks it is time for markets to tumble.
It is summer and we are talking about inflation a lot recently. I don't like it when markets get slashed. The only people who benefit are the ultra-rich. Markets always go back up eventually, and all that movement doesn't get taken advantage of by the average investor.
Most people don't care about that kind of thing because they are otherwise occupied with life events, but as a market watcher person, it's something I wish the average person cared about a little more. Kind of like going green: I don't really know what the effects are going to be if everyone reduces their carbon footprints, but I am pretty sure it would be a good thing. Whenever I think about this I always get led back to thinking education, regardless which discipline, is really the way to go. Hopefully all the money the .01%'ers absorb during the bear months will get back into the education system. That is what I will tell myself when I'm at my computer. That's not what the world will tell me when I go outside.
Why do I get myself all bummed out right before trading? I'm legitimately more tired now.
