I am trading in prep for another leg down, But like I have said, and as Martis has pointed out, the last few weeks have given off warning signals... To be buying into this rally after what we have seen, with no understanding of why it is moving up would be the mother of all mistakes IMO.
I know its going up at the moment. Thats great. But For more than a day trade, this is not a market to get involved in IMO and I cant pin point a single thing that points to why the market should be going up.
Remember I am usually a bull, but this is different.
Outlook bad, No reason for rises.Large problems that seem to be making everything else worse as the weeks go by. Simple as that.
Only my thoughts. Cheers for all replies.
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