I begin with my humble gratitude to The Most Benevolent, The Ultimate Knower of all hidden and obvious, All Praise and All Infinite Glory are Exclusively and Entirely for His Magnificence.
ART OF WAR: Success belongs to those, who know, when to change the strategy. Markets have been struggling, to get higher,….. on each attempt, Markets were faced with strong resistance.
There is Strong Time Cycle coming in on June 4th, it is coinciding with another strong cycle on the 7th of June. Would both cooperate and create a synergy into one directional change or they cancel each other out.!!!!??
I and my mentees have closed most of my LONGS on Thursday and balance shall be closed Friday morning. Then I am looking for short positions, and I rather be a trader then swing investor at this critical time juncture. It could be short term correction to test the bottom and might continue even deeper and lower to test much lower levels than of May 25th. It is yet to be seen and we shall stay alert to change our direction, when we see the signs.
http://trade-in-harmony.blogspot.com/
Thanks for update! Hard to make this credit fear go away. To much debt everywhere.