Unclear so far..... Looking for confirmation of a larger pattern that has been forming. Today's trade should better define that pattern and the broader trend moving forward.
I find that when I just keep waiting & don't take the trade, I inevitably miss out the opportunity. Where is the trade off between waiting & taking position?
The key is to find the trend... Let's face it, we can make the argument for 30,000 or 3,000, the trade off it so what...not capitalize on a few hundred points? I don't like this market, it's a bubble and I would make the mistake and open a position to the downside and only to the downside. If it moves up to 26,616 then estimate it moves up to 30k....then SHORT the shit out of it.
I find that when I just keep waiting & don't take the trade, I inevitably miss out the opportunity. Where is the trade off between waiting & taking position?
The key is to find the trend... Let's face it, we can make the argument for 30,000 or 3,000, the trade off it so what...not capitalize on a few hundred points? I don't like this market, it's a bubble and I would make the mistake and open a position to the downside and only to the downside. If it moves up to 26,616 then estimate it moves up to 30k....then SHORT the shit out of it.