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continuation

Will sell in May trap the Bears in a continuation of the uptrend causing short squeeze or will prophesy self fulfill?

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Will sell in May trap the Bears in a continuation of the uptrend causing short squeeze or will prophesy self fulfill? Thoughts?   — According to my calculations, May will be bullish, correction in June, and then top in July (S&P- —   Agreed   — What is your calculation method?   NOTE I now …

Will sell in May trap the Bears in a continuation of the uptrend causing short squeeze or will prophesy self fulfill? Read More »

Do large intraday reversals always signal a continuation in the latter direction in the short term/long term?

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Do large intraday reversals always signal a continuation in the latter direction in the short term/long term? –I don’t have any statistics related to your question, but I know that many intraday reversals are only intraday traders inventory adjustments. –Many such intraday reversals are inventory adjustment as as Michele replied or trapped traders squaring off. Not …

Do large intraday reversals always signal a continuation in the latter direction in the short term/long term? Read More »

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