Posted 16 April 2018 - 01:00 PM
My long term is bullish (for months)
My intermediate went positive this morning.
Short term (where I trade, days to weeks) has been on a buy for 10 days. We may get a breather soon to test the bullish conviction. We're reaching overbought short term.
Anything can happen...what's happening now?
No one can forecast the future. No one.
"Again, this is all based on some trivial elementary school arithmetic."
(The individual in the quote was giving his opinion on TA...way too funny
That comment made me smile and spit out my coffee)
“To speak out against the madness may be to ruin those who have succumbed to it.
So the wise on Wall Street nearly always remain silent.
The foolish have the field to themselves, and none rebukes them.” (J.K. Galbraith).