Choppy action this week with light rallies and heavier to the downside.
Our upper boundary was breached and what can be termed a throwover.
The boy who cries wolf will be right in the end, calling the top has been fruitless.
Bulls just stampede onwards and ignore any risk.
The true bears sit in their corners and patiently wait...quiet but dangerous.
In my 20 years of trading, there has been nothing to match this pumped illusion.
A correction is healthy, but they won't let it pullback.
This proves the fragility of a synthetic rig...too many on the wrong side.
Any event or catylst will trigger a tsunami of selling and contagion.
Sentiment is ignoring another black swan.
We wait for our signal.