It won’t be hard to get a lower entry if you want, there will be plenty of opportunities in the future IMO. After 3 decent green days in the USA, the red days aren’t far away now. There has been no reason for the green days and excitement in markets. Inflation is still sky rocketing, Ukraine is escalating, constant problems geopolitically with many countries moving deeper into economic problems and winter in the northern hemisphere closer by the day! Plus the chaos of mid term elections a couple of weeks away. Also, the massive USA companies are starting to bleed billions and will have to cut their workforce soon. Mass unemployment is not far away IMO, and therefore a housing crash as people can’t afford to pay rising interest rates.
Plenty of red days and lower entry levels to come now that some of these expected price sensitive announcements are out of the way. The short term rally is over and hence the sell off today, only finishing up 1 pip. BLM approval could still be 6 months to a year away, if ever... so therefore no drilling and as a result there will be a lack of news and the holding pattern continues. People aren’t posting anything negative to get in lower, I think they are just being realistic and waking up now!
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47 | 13563114 | 0.015 |
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Price($) | Vol. | No. |
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