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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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From: POKERSAM4/3/2023 3:25:59 PM
1 Recommendation

Recommended By
Ms. Baby Boomer

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Just reading around some boards it looks like many are in a bullish frenzy only seen at the top of second waves. What follows a second wave correction to the upside?
Beware of those who have exhibited a strong consistently bullish bias when they get in a frenzy at the top of a second wave correction.

Confirmation bias.
Confirmation Bias is the tendency to look for information that supports, rather than rejects, one’s preconceptions, typically by interpreting evidence to confirm existing beliefs while rejecting or ignoring any conflicting data (American Psychological Association).
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