re: doesnt look good Any prudent trader needs to be conservative...

  1. JC2
    4,397 Posts.
    re: doesnt look good Any prudent trader needs to be conservative from here on in. March 20 onwards is topping time.

    Whilst part of April is good here histoirically, May/June is not and an important cycle low is due in May.

    For the US May/Nov is a no win period historically.

    By all means trade the long side here if you are nimble.

    July here is usually good. This suggests a May/June low here, a rally into Aug/Sep, then another sell off into October.
 
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