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Early luck disguised as skill is very well known to be the (usually spectacular) death of many would-be traders. In all the cases I've heard about, it's practically impossible to recover from the temptation to get right back in the fast lane after you've been on it. The drudgery and many, many...

Your conclusion that we are possibly setting up a trading range within a bull trend on the daily chart is potentially useful. Personally, I didn't find any of the other observations particularly compelling or intriguing.

There isn't a man on Wall Street who hasn't lost money trying to make the market pay for an automobile or a bracelet or a motor boat or a painting. Edwin Lefevre - Reminiscences of a Stock Operator