BuboWaveTrader

Stockmarket psychology

SP:SPX   S&P 500 Index
387 2 1
The majority of technical analysts in the world wide think that its look like the stockmarket is in the big top at the red arrow. suppose then that the opposite part is the truth? This is nothing to trade on but we ceep it in aour mind,,,
Marginally higher highs are bearish indeed.
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Stockmarket psychology: it is more likley that the price go higher (true The symetry angle) so everybody be in bullish eye and after that the major sell of comes,,,
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