Lmao you guys been saying this for the longest time, easy quick correction at most and then a continuation after
s_proper
⋅
@mikey1250, I really wish this was the case - market endlessly grows, so just borrow a million put it in the market and everyone is rich, no need to work: we found bliss.
Godofcatchemaal
⋅
too obvious, this time opposite will happen of look left. rising wedge upside break and run, then big crash.
Ravi2409
⋅
If you knew what you're doing then you'd know that it's never that easy, people have been posting these "bearish chart pattern setups" since the market bottomed in March 2020, the biggest mistake retail traders make is they think technical analysis is the end all and be all when it's not, it's useful under certain circumstances true but what you really should be asking is have the fundamentals driving this rally for the past year and a half changed? and no we are still in the same easy monetary environment and low rates being the driving factors. Until that changes my advice is stop guessing, you can wait for the market environment to change and then look for a TA setup to the downside.