1. When a trend is clearly formed, follow the trend is the best way to trade. Remember, when to exit from the trend following? My rule is when the current extreme point REVERSED the trend, compared with previous extreme point. Then, when to get in and follow the trend, during the reaction period and buy in at some support levels.
2. Today is an extreme point day.
3. The up trend is still holding very well.
4. The up trend with a 45 degree is pretty stable, like this one.
5. Once pulling back, it could be very quick and very deep, so be ready.
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