We have a huge dealing range to short into and still remain bullish, it's basically free money on technical retracement/correction while not ruining the market.
The retailers have been buying since April but there is no institutional orderflow evidenced by no peak above average volume levels.
Technicals will reign supreme here. Trump is either trolling about the rate decrease or he has no idea about chart technicals 😮💨. I bet he's trolling, as he has cabinets on cabinets of market advisors who know fully how correction cycles work.
The retailers have been buying since April but there is no institutional orderflow evidenced by no peak above average volume levels.
Technicals will reign supreme here. Trump is either trolling about the rate decrease or he has no idea about chart technicals 😮💨. I bet he's trolling, as he has cabinets on cabinets of market advisors who know fully how correction cycles work.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.