@Jupiter1, Hi Jupiter, you have to keep in mind the levels I drew, and if you are making a nice profit, why not? However, should you be nervous? No, sometimes the good things just take longer, look at the levels, they're still laughing. Who's buying? The same one that is stuck.
Why June/July? All the risks are exacerbating in these months, actually August could be the most critical one. Apart from what @DaddySawbucks said, which is true, we are writing a very awful book.
Can't say anymore but I wish you the best.
Good Luck!
Jupiter1
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Why june/July?!
DaddySawbucks
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@Jupiter1, Fed will hike rates, trade war with China notched up on 6/02 with new tariffs, and it appears a new bubble is forming in tech sector.
Expect lots more volatility, struggle higher all summer with significant setbacks, and possible bear tank in September on inflation and 2nd rate hike.
@Jupiter1, And here we are! Brief reaction up now follow by steep selloff in July, another reaction to a lower high in August then the real action goes down in September -> October.
Why is it always October?!
wildcreamlife
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@DaddySawbucks, Because before is September! Cycle. Good Luck!