I agree, and what makes it
All the more treacherous and a total mine field is when we're looking at a news driven picture...
We look at the chart and the upward channel is clearly there, but...
We know that at any point a "black swan" or news release could send me futures down 2%.
Ugly liquidation breaks always possible...
It makes it hard to hold anything overnight, short or long... And sleep well.
Probably one of the best examples are the precious metals, a store of value "forever",
and with the current market and economic conditions, they should roar...
With inflation, with the levels of debt, with the fiat currency reliance, with sanctions and not
knowing what banks own the debt bombs, etc...
And yet, gold and silver are full of volatility... And have been for years.