The Market opened up and almost immediately moved downward for a few hours before trading in a range the rest of the day. Is this just a typical pull back or the beginning of something more? We are due for a pull back, but I am not sure we are quite there yet.
Price action certainly gave a warning towards the end of last week to pay attention. So far, it is just a sober up moment because the music is too loud and an angry neighbor may have called the cops. The party could break up at any minute.
At the moment, the music plays on, but for how long?
I got out today as the market indicator I used went negative. The shorting method I am testing continues to yield excellent results. If it continues, I will increase the amount of dollars I trade on Friday. So far so good. Stay focused on risk management. AI stocks keep moving up, but the rest of the market is not following and hasn’t been for a while. When the bubble will burst is anyone’s guess.
