Big hanging man formed end of Feb 2018 at top of a very long bull run after the all time high set in Jan 2018.
The flash crash and push back up to all time high prices, if the market does not push beyond the all time highs in Jan 2018, the short term speculators will pull out. Uncertainty, risk aversion in the light of trade wars, rising yields, possible drop in business spending and consumer net income.
At such high prices, not so good value yet for long term investors.
More bear moves coming soon.
The flash crash and push back up to all time high prices, if the market does not push beyond the all time highs in Jan 2018, the short term speculators will pull out. Uncertainty, risk aversion in the light of trade wars, rising yields, possible drop in business spending and consumer net income.
At such high prices, not so good value yet for long term investors.
More bear moves coming soon.