Hello Everyone,
Bears (mostly prof. traders) reached a big part of their targets and collected profits. At this stage they should be "managing risk" and lowering leverage...
The market was 2 times below the 7k mark since December 2k17, the second time in April we stayed there for more than 2 weeks,
so bulls (NOT mostly prof. traders) are not so "scared".
If there are no major negative news i will stay slightly bullish and looking for reversal.
Finding the confirmations, entry points and the right stop is on the desk for me at the moment.
See you on the battlefield!
Bears (mostly prof. traders) reached a big part of their targets and collected profits. At this stage they should be "managing risk" and lowering leverage...
The market was 2 times below the 7k mark since December 2k17, the second time in April we stayed there for more than 2 weeks,
so bulls (NOT mostly prof. traders) are not so "scared".
If there are no major negative news i will stay slightly bullish and looking for reversal.
Finding the confirmations, entry points and the right stop is on the desk for me at the moment.
See you on the battlefield!