I commence with my gratitude to The All-Knower
Markets went higher today, after the open. But I’m NOT A BUYER of long side, YET!! Not until, it clears the resistance of recent sell off. That is the prudent strategy. I rater miss an opportunity of small intra-day than be trapped into some bulls-trap.!!
Beware!!, it is usual retracement, after a strong sell-off.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
http://trade-in-harmony.blogspot.com/
looks like the retracement is 100%. is this usual
how about now ? looks like market cleared resistance, or maybe it must close at this level to confirm end of correction ?
which is still very strange for me, i cant believe that correction will be(?) so small