Good morning traders and welcome to a new week and a new month.
Market has continued it's strength overnight and we are looking for 4590 on a pullback to get long. Problem is, this market hasn't always pulled back to retest.
If it doesn't, we are left with a market consolidating at all time highs. While this has been the norm, it's pretty difficult to trade. This is more of a buy and hold kind of market.
If you've stayed long, you've had some losing days sprinkled in, and even a losing week a few weeks back. However, you would be wildly profitable by having wide stops and staying long.
Market has continued it's strength overnight and we are looking for 4590 on a pullback to get long. Problem is, this market hasn't always pulled back to retest.
If it doesn't, we are left with a market consolidating at all time highs. While this has been the norm, it's pretty difficult to trade. This is more of a buy and hold kind of market.
If you've stayed long, you've had some losing days sprinkled in, and even a losing week a few weeks back. However, you would be wildly profitable by having wide stops and staying long.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.