Interesting
The Trend Is Your Friend
@RieslingHawk：
Sometimes when certain people states that the bull market can't go on any longer, they tend to receive counter arguments stating that the market just rebounded, very very strongly since the Russia Ukraine War started. Well, look at where we are at now relatively to the highs in December 2022. Do not be fooled by the short term rebound, or more commonly known as dead cat bounce. Technical Analsysi although not 100 % accurate, but the recent formation of lower highs and lower lows does signify that we are heading into a bear market very soon. As always, take the advice you read from the Internet with a pinch of salt. At the end of the day, it's your money and you should be responsible for whatever actions you take. Quote of the day: "never ever go against the trend." $SPDR S&P 500 ETF Trust(SPY)$$NASDAQ(.IXIC)$$DJIA(.DJI)$$iShares Russell 2000 ETF(IWM)$
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