Despite the impressive 5 straight week rally, this is still a risk-off environment, so I'm considering it a counter-trend rally in the context of a bear market.
Bias is neutral for now, since the recent trend is still up, but caution is recommended.
Bias is neutral for now, since the recent trend is still up, but caution is recommended.
In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there's nothing more for you to do. - William Eckhardt