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the market gets to the daily pullback range it thinks before the next
move and if the outlook is a little bearish it will continue south...
Yes, we are more than likely to see a bigger wave four pullback in the coming months
The journey to this steep high has been different for each
market but in general we have seen a fully charged bolt and now a pause
as both buyers and sellers take a breather before the next move.
In my trading I don’t really contemplate what is happening in the socio-economic world, I spend my time focussing on the charts.
people in the non-democratic countries in the west are increasingly
blind and are not acknowledging what is happening in this mad world...