And there goes .014 ( again ! )SO NO BEAR TRAP-- Given the...

And there goes .014 ( again ! )

SO NO BEAR TRAP-- Given the criteria I posted.

"You only know for sure if price moves to .018 WITHOUT touching .014 "

So risk is growing even higher,

All I can say is that it is ATM GOING down.

With the accumulation that has happened starting to be more and more deifined as Smarter DISTRIBUTION..

Always two sides to a trade the BUYER and THE SELLER.
So one is Distributing and one is ACCULMULATING

We can only know by the subsequent action for sure who was SMART !

So for the bullish case to be restated ( and be clear imo right at this moment there is NO BULLISH CASE )


I would need to see

A clear lack of Supply !

A shakeout !

Or a base building at a lower level !

Until we see either... The bears have proven the case and the bulls need to reasert and prove theirs.

remember the word --DYNAMIC
a change in price level brings in new dynamics.

This is very important ==>I repeat a change in price level WILL bring in new dynamics.

But lets be clear VERY CLEAR

****Sellers are prepared to sell at lower prices
Buyers are not prepared to buy at Higher Prices****

That is the reality

And remember markets are always Forward LOOKING to some extent !

The only possible bullish case would have to rest on buyers for a reason not being able to act on their sentiment and view. Eg too risky with the overall timing / markets / low liquidity etc

I will let others grasp at that straw ! I would want the bulls prove the case..

This thread has ended .I will not post again until that bullish case reaserts . ( could be the next five minutes , could be never !)






Motorway