it has been going up and up for the past 3 weeks. Have NOT seen any sign of top yet from my trading system. Quarterly , monthly and weekly indicators are all in up trend.
Gut feeling, however, I feel it might be some correction in March. And if it happens, it is opportunity to load up again.
Look back from Early February to now.
New high is made. and there was a short-lived correction in March. The March correction was bought up so quickly.
Looking forward: May or June should have a bigger correction. But once again, it is a correction.
littletiger 发表于 2019-4-28 08:47 AM
Look back from Early February to now.
New high is made. and there was a short-lived correction i ...
May correction is happening. At this moment, it is unclear if the correction is over or not. Gut feeling by reading chart: it should have 1 more retesting of the bottom
At this stage, it is hard for me to figure out the market will go up or down. in middle of June, (as shown in the last post above) I saw signals of topping. Now since the market is the between, no signal of top or bottom.
my gut feeling is, a lower low should happen first before any new high.