The market has not been this dull this long in a while
Hello
This is not a signal to buy or sell but one to pay attention. Because it's always when no one is looking than it gets going. I honestly do not know if we go up or down.
RSI divergence does not mean we go up, there are plenty of examples where the price continues to go down.
Market is heavy right now, debt is at WW2 levels, permabears have been right over and over in the past years, high inflation is one thing they got right, governments are now even talking about rationing energy and meat.
Maybe this is the calm before the storm, either way. Usually if the S&P rallies up the USD is supposed to go down, at least that is what they say, and vice versa.
Right now I am not interested in buying or selling the stock market or dull forex. I got traumatised enough by sideways bear markets to want to stay away.
But one would not want this to happen:
Oh I've been there. You wait so long and then it happens so fast. At least tradingview got alerts, and there's scripts, but my personal opinion is it is always god to look at various markets to see what is going on. Alerts and scripts do not have (yet?) human brain power and do not understand market emotions or the global context.
Russia might make a major unexpected (by most) move soon, for the first time in all our lifetimes, that will cause the market (read 70 year old boomers) to panic.
I would not go as far as taking 2 weeks of holidays to not miss out, I think the more interesting and overall profitable approach is to join a trend if it starts. Hedge funds that make 400 millions in 4 hours make the news, but it's a tiny fraction of what they make in a green year.
Happy trading.
This is not a signal to buy or sell but one to pay attention. Because it's always when no one is looking than it gets going. I honestly do not know if we go up or down.
RSI divergence does not mean we go up, there are plenty of examples where the price continues to go down.
Market is heavy right now, debt is at WW2 levels, permabears have been right over and over in the past years, high inflation is one thing they got right, governments are now even talking about rationing energy and meat.
Maybe this is the calm before the storm, either way. Usually if the S&P rallies up the USD is supposed to go down, at least that is what they say, and vice versa.
Right now I am not interested in buying or selling the stock market or dull forex. I got traumatised enough by sideways bear markets to want to stay away.
But one would not want this to happen:
Oh I've been there. You wait so long and then it happens so fast. At least tradingview got alerts, and there's scripts, but my personal opinion is it is always god to look at various markets to see what is going on. Alerts and scripts do not have (yet?) human brain power and do not understand market emotions or the global context.
Russia might make a major unexpected (by most) move soon, for the first time in all our lifetimes, that will cause the market (read 70 year old boomers) to panic.
I would not go as far as taking 2 weeks of holidays to not miss out, I think the more interesting and overall profitable approach is to join a trend if it starts. Hedge funds that make 400 millions in 4 hours make the news, but it's a tiny fraction of what they make in a green year.
Happy trading.