Supports broken.
Same thing on
SPY
, including his EMA.
Even the best indicators got difficult to be read.
We clearly are going out of our 15 months channel.
Things start to be hazy.
I hope you made a lot of money on the past two years because it's becoming trickier.
My take home message would be:
" There is time to go long, time to go short and time to go fishing.” (Jesse Lauriston Livermore)
I can't say if it is going to be a bear trend or if it will stabilize round theses prices.
If you don't want to go fishing, you can go short, but we could see drawback until the past levels (round 16500 for
NDX
).
Your past indicators will be less accurate, cause the trend is shifting, and the rules of the game are changing.
This is time to test your psychology and your risk management strategy. Time to learn the news rules also! Or time to take a beak ;)
If you liked this idea I would be happy to see your comments!! :)
If you dislike, I would be even happier because the improvement of our strategies is boosted by opposite smart views and opinions!
Same thing on
SPY
, including his EMA.
Even the best indicators got difficult to be read.
We clearly are going out of our 15 months channel.
Things start to be hazy.
I hope you made a lot of money on the past two years because it's becoming trickier.
My take home message would be:
" There is time to go long, time to go short and time to go fishing.” (Jesse Lauriston Livermore)
I can't say if it is going to be a bear trend or if it will stabilize round theses prices.
If you don't want to go fishing, you can go short, but we could see drawback until the past levels (round 16500 for
NDX
). Your past indicators will be less accurate, cause the trend is shifting, and the rules of the game are changing.
This is time to test your psychology and your risk management strategy. Time to learn the news rules also! Or time to take a beak ;)
If you liked this idea I would be happy to see your comments!! :)
If you dislike, I would be even happier because the improvement of our strategies is boosted by opposite smart views and opinions!