Whenever the market makes a retracement, it is time to buy. This is the way the stock market has been acting for the last years. 'This is an artificial market', "We will repeat 2008", 'P/E ratios are too high' and all that nonsense pushed this market higher and higher.
Oversold readings of Force Index have made perfect entries in this bull market. The arrows pointing at the volume waves are telling the same story. What should have been bearish changes in behavior, were actually large selling efforts without any gains.
The impulse is green again, and at this point, one should look only at the long side of this market.
Oversold readings of Force Index have made perfect entries in this bull market. The arrows pointing at the volume waves are telling the same story. What should have been bearish changes in behavior, were actually large selling efforts without any gains.
The impulse is green again, and at this point, one should look only at the long side of this market.