John (@market_sleuth) 's Twitter Profile
John

@market_sleuth

God is the source of my purpose & direction: Job 42:2 ~ I also unravel stock market riddles.🔎📈📉

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calendar_today03-09-2022 13:21:52

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John
@market_sleuth

4 months ago

In 30+ years of trading I’ve seen similar price action as we’re seeing now in counter-trend rallies after steep drawdowns. Usually they net 4-7 days of gains then a 1-2 day pullback which sucks in shorts thinking “the rally is done!” Then it moves higher again for a few more days

In 30+ years of trading I’ve seen similar price action as we’re seeing now in counter-trend rallies after steep drawdowns. Usually they net 4-7 days of gains then a 1-2 day pullback which sucks in shorts thinking “the rally is done!” Then it moves higher again for a few more days