We usually try to make a trade based on our bias. Market trend is still up. There is no seller in markets so prices move way faster in bull market then our imagination. Same is true for bear market. I will not short here because it has up 17 days it can be up many more days. I follow the trend so I want to follow simple rule, market is up on crossover of 3/8 on daily stay long, under it stay short. In doubt stay away. Good luck in your trade.
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
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