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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: scoot1212 who wrote (28805)5/11/2018 9:00:24 PM
From: POKERSAM  Read Replies (3) | Respond to of 41165
 
Opex is usually an up week at least till Thursday. This opex week may be extraordinary.
Bullishness is rampant. I don't know when I have see it so. An Intermediate wave (2) can do that.
The back slapping and high fives have been deafening. The bulls are very excited to the point of derision.
Twos usually cause this attitude. The bad news is that when a 2 ends a three begins.
This wave (2) top has garnered more bullishness than the previous Primary wave [2] at 2801. It looks like we are about to enter the epicenter of Primary wave [3] down.

What is that I usually say? Oh yeah, bearishness is dirty business but traders have to do it.
Bullishness is easy and anybody can do it because it is the normal state of man. The farmers plant because they are bullish about a harvest. The fisherman fishes because he feels he will eventually catch something. All of man's advancements have occurred because man is just naturally bullish.
But there are corrections as we march ever higher and higher, and like it or not a trader can do nothing but trade them. lol

Good fortune to us all.

One thing I want to add. You have to respect H1 for having a board where posters of many different persuasions are welcome. There are many that say it but few that do it. Thanks H1.