Many people are feeling safe and secure, "complacent"...
Some people are even feeling a thrill, bullish and hoping for higher prices...
We are witnessing the classic behaviour that accompanies a market cycle.
➖ The next phase, "anxiety" means the start of the major bearish move.
➖ The "denial" phase means that the crash is ongoing, gaining momentum...
➖ By the time people start to "panic", we will be looking for reversals signals to show up.
➖ When the "capitulation" phase starts and we see "anger", "depression", the time to buy has come... Yes, the time to buy will come but not yet, not now...
👉 Now is the time to sell.
➖ Sell at resistance;
➖ Buy at support.
Namaste.