Quote from MandelbrotSet:
The market is very choppy and not worth trading too strongly or with full size, IMHO.
not worth trading at all, it is a formation waiting for a breakout
If you have a profit (from today's trading) it may be prudent to just watch and wait for better opportunities ... Friday's have been chop city as far back as I don't remember.
strong agree watch and wait
The only thing that makes sense is an eventual sell-off, but it may or may not happen today, and I won't be sticking around to find out.
strong agree.
bear pennant /ascending wedge formation almost completed on a 2 month chart sell off happens soon maybe not today. monday, tuesday.
Good trading.