With dems having lower probability of being elected, and a trade deal being closer to becoming a reality, plus negative sentiment having peaked, with Gold and Bonds hitting long term tops possibly, and everyone absolutely hating stocks...I want to be long and let things pan out, same as we do with $BTC for a while now.
Let's see how things evolve here, price action in the short term is constructive, with the daily targets show on chart (yellow boxes).
Best of luck,
Despite no one believing the rally, prices keep grinding higher...
'This is a bull market after all!'
I'll be looking for a consolidation to buy back since I sold today.
Stocks are a hold, direction is up, in the long term. Short term dislocations between now and mid to late 2021 will be buying opportunities. Watch the $VIX chart, spikes in this indicator will be good opportunities for dip buyers once volatility recedes.
People reached peak bearishness, now RgExp from a mode. Mode retest held...
I think we got the bottom in stocks.