Irrational markets will be irrational
Market is getting ahead of itself. Cycles and patterns repeat, and it's time we go re-touch that standard line on the Ichimoku. And at this peak, people might over-react and send the market tumbling further than it needs to. Neutral for now, leaning bearish but waiting for a confirmation on the shorter timeframes.
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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.