The 15, 30 and 50 days EMA spread-out are indicative of a major correction in play. Inverted flag and low volume confirm old supports will be tested soon. FEAR is dealing the hand for this type of scenario.
The most experienced are keeping at least 70% of their portfolio in cash eagerly waiting to buy more at a discounted price or for a confirmation to reenter positions with a better set up.
In my opinion those people are the winners right now.
Things will turn to the bright side soon enough.
Be wise!
The most experienced are keeping at least 70% of their portfolio in cash eagerly waiting to buy more at a discounted price or for a confirmation to reenter positions with a better set up.
In my opinion those people are the winners right now.
Things will turn to the bright side soon enough.
Be wise!