testing fib 61.8 retracement at 6000 ..., page-31

I understand that fundamentals are important but I have always disregarded them.

Why, because they appear too late.

Here is a few ideas that meant the bull market must continue.

Sovereign wealth funds will keep markets on a tear.

China's boom will continue and will last for 20 years.

The FED is going to do everything to keep the economy expanding.

And yet simple measurements said XAO 6900 approx. would be a major milestone, and so it seems.

That mark may be overcome but it sure was worth respecting and I am guilty of recommitting some funds lower than that but not exiting.