It is the first time in a while that I am seeing many diverging thoughts based on technical analysis. Since I am horrible with charts, I will just sit for the ride.
It is the first time in a while that I am seeing many diverging thoughts based on technical analysis. Since I am horrible with charts, I will just sit for the ride.
😂
The mere fact that you say that gives you a clear indication of what is happening:
The major investor sentiment - which has been bearish for a long time - is in a state of flux. This corresponds with the market bottoming out, shifting sideways and preparing to rise. Those who are hard core bears will remain so, those who look ahead a bit further will be bullish. Many will be undecided, as the majority of the market does what you are doing now, it follows the flow.
As I said a week back, this is The Turning of the Tide.