Simple.
Mr. Market is wondering if it is going to fill the gap up yesterday in S&P.
If not, then it's super bullish.
If filled, then we need to see the reactions after that to determine Mr. Market's intention.
No worries for bulls from the chart so far.
Subscribe to:
Post Comments (Atom)
I agree. The trend has changed today to go up higher. I can't believe what I'm seeing though.
ReplyDelete越是尖端的东西，越需要深广的基础，到最高层次，学问都是相通的。
ReplyDeleteVision and patience are keys to trading ...
ReplyDeleteWe need to know what we are waiting for, and why we are waiting ...
Currently, I am waiting for the real top to come and sell my longs ... So far, even no warning signs....
Sit tight when right ....
Hey Tiger,
ReplyDeleteWhat would be the warning sign when the market is about to turn?
Would the trend be reversed quickly?
It's hard to tell in a few words. But as the sign shows, I will try my best to call here.
ReplyDeleteThe key is to follow the trend and patiently waiting for the reversal ....
It is extremly difficult to call the top. I know Tiger can. :)
ReplyDeleteBut, please keep in mind, after trend changes, you will see it and there will be fish body left for you to eat.
thx for the good stuff, tiger.
--bokchoy.
I agree with bokchoy, "after trend changes, you will see it and there will be fish body left for you to eat. "
ReplyDeleteSo, don't worry too much. You will know as the trend changes. It's like now, you know we are in a bullish trend, not like last year's bearish trend.