I can speak from experience that thinking you know the top of an index making new highs is usually a way to part with your winnings $$$. Don't make the same mistakes I made.
Trying to short in this market takes a remarkable short trader, which by definition most traders are not.
Trying to predict a top and how to profit from it is very difficult even for experienced traders.
This chart is an almost textbook example of full bull mode. Don't like the action, park your money in cash, or go high dividend value but anyone recommending shorts on this price action is insane IMO.
Trying to short in this market takes a remarkable short trader, which by definition most traders are not.
Trying to predict a top and how to profit from it is very difficult even for experienced traders.
This chart is an almost textbook example of full bull mode. Don't like the action, park your money in cash, or go high dividend value but anyone recommending shorts on this price action is insane IMO.
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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.