No fancy indicators here. Just good ol' fashioned highs and lows.
Could a top be developing? Sure, but why risk short positions now, when there's no evidence of a trend change?
Could a top be developing? Sure, but why risk short positions now, when there's no evidence of a trend change?
In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there's nothing more for you to do. - William Eckhardt