Press Pause
➤ Small rebound as expected. Prices likely to remain around current levels for a short while.
➤ I remain 100% in cash waiting for the next entry signal. 0% exposure means a wait and see approach with no directional view for the time being. The maximum exposure is +/- 200%, the level of highest conviction.
➤ Still expecting the market will have sufficient strength to re-test the high of the upthrust but end with a LOWER HIGH (LH). The LH is the last gasp of the Bulls. If the LH forms below the lower resistance level we could see a very quick sharp fall to test the lows of this year.
➤ Conclusion: Waiting patiently for the next entry signal.
➤ I remain 100% in cash waiting for the next entry signal. 0% exposure means a wait and see approach with no directional view for the time being. The maximum exposure is +/- 200%, the level of highest conviction.
➤ Still expecting the market will have sufficient strength to re-test the high of the upthrust but end with a LOWER HIGH (LH). The LH is the last gasp of the Bulls. If the LH forms below the lower resistance level we could see a very quick sharp fall to test the lows of this year.
➤ Conclusion: Waiting patiently for the next entry signal.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
🏆 eToro Popular Investor 💰
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
✅ Copy My Trades @ eToro, etoro.com/people/mrstocky
✅ Verified Track Record 📈
Not Investment Advice
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.