It seems to very clear from the chart the down trend is waiting... when.. need to be calculated. I feel both the direction and time frame cannot be calculated at the same time.
Please share your ideas about this wild thinking.
Please share your ideas about this wild thinking.
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As expected the market is coming down.
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It seems the estimated downfall might come sooner than expected.
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There is a reason for sudden uptrend, but the huge factors for volatility is on under currents. Markets is mostly unpredictable with strong bias on both sides, bull and bear.
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Something very reasonable is getting cooked. Downside seems imminent.