If that chart alone doesn’t get your
“Spidey senses” tingling, I am not sure what will. However, I have a few more charts to share with you.
Technical Deviations
In the short term, fundamentals don’t matter. Such is because over a few days, weeks, or even months, what drives prices higher or lower is the psychology of investors. As such, we can look at technical deviations to determine how exuberant or not the market currently is.
For moving averages to exist, prices must trade both above and below that average. As such, moving averages act like gravity on prices. When prices deviate too far from the moving average, eventually, prices will revert to, or beyond, that average.
There Is No Way This Bull Market Doesn t End Very Badly
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Más corrupción : Eduardo Feinmann se mostró indignado por lo que está pasando
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