What type of animal do you get when you combine a bull and a bear? You get an Armadillo. Why? Because armadillos are round just like the number 0. The time value of money is being tested by the markets the past 3 years since the covid crash.
Bulls vs bears the past 3 years have effectively canceled each other out. Here's a 3 month candlestick chart. As you can see, through all the ups and downs, tug of war, between buyers and sellers, the markets have chased their tails, to basically end up right where they started 3 years ago.
However, because of the volatility, there has been ample opportunities for longs and shorts, to profit. If the market is range bound for investors for a while longer, then we can mark off trading levels to buy or sell on lower time frames. In the end, there's only 3 possibilities that can happen, up, down or sideways.
EUR/USD = 4 years unch
GBP/USD = 4 years unch
SPY = 3 years unch
QQQ = 3 years unch
YM1! = 3 years unch
BTC/USD = 3 years unch
ETH/USD = 3 years unch
XAU/USD = 3 years unch
Bulls vs bears the past 3 years have effectively canceled each other out. Here's a 3 month candlestick chart. As you can see, through all the ups and downs, tug of war, between buyers and sellers, the markets have chased their tails, to basically end up right where they started 3 years ago.
However, because of the volatility, there has been ample opportunities for longs and shorts, to profit. If the market is range bound for investors for a while longer, then we can mark off trading levels to buy or sell on lower time frames. In the end, there's only 3 possibilities that can happen, up, down or sideways.
EUR/USD = 4 years unch
GBP/USD = 4 years unch
SPY = 3 years unch
QQQ = 3 years unch
YM1! = 3 years unch
BTC/USD = 3 years unch
ETH/USD = 3 years unch
XAU/USD = 3 years unch
Trading indicators:
www.tradingview.com/u/Options360/
www.tradingview.com/u/Options360/