U.S. Dollar / Swiss FrancThe price is now doing a retest after breaking the bearish trend. It is expected that it will happen strongly bullish because there is a support area with it
Entry: 0.9350
TP: 0.93000
SL: 0.92100
Dullmarket
Inverse Parabolic Growth - Never Short a 'dull' Market!Negative Parabolic Growth.
Yes, parabolic growth can be negative. growth rate is negative and the Rate of Decline is increasing!
This phenomenon was identified previously in context to the negative costs of carry associated with inverse ETFs and in particularly inverse VIX ETFs.
The old trading saying goes like: " never short a null market!", and the case of the current set-up, the risk factor is that the market spikes against the short position and takes it out. A bit like those hedge fund 'gurus' who shorted AMC and GME when both stocks were already bottom feeding!
So stand back - if you are into shorting - then there are far better candidates around: SPY + Patience + Policy Disruption = Success :)
looks like a permanently high plateauAfter prices peaked, economist Irving Fisher proclaimed, “stock prices have reached ‘what looks like a permanently high plateau‘.“
