Morning Ideas October 25, 2021
Good mornign traders,
Nothing to see here, as the market is just consolidating at the highs. Low volume again, which favors the direction of the trend, which is clearly up at this point.
Don't be alarmed if you get a 10-15 point pullback, it's not a reason to panic and start thinking the market is going down. Zoom out and see what the market is trying to do. From my point of view, it's trying to go higher still.
Nothing to see here, as the market is just consolidating at the highs. Low volume again, which favors the direction of the trend, which is clearly up at this point.
Don't be alarmed if you get a 10-15 point pullback, it's not a reason to panic and start thinking the market is going down. Zoom out and see what the market is trying to do. From my point of view, it's trying to go higher still.
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