With some coloring to the charts ... than one decide which way market will go and most likely to go in that direction.
For now we are stuck in this range until it break outs.
Will this break-out be real one or fake with temporary move one way than abruptly swing reverse to the other direction and all the way in the reverse???
Trading the market is not about having a fixated opinion. We are dealing with a moody "erratic" behavioral crowds that determine the trend direction. It is like driving on the road. Moving at different speed and different traffic conditions all the time.
Our driving style will need to change and adapt per the traffic ahead of us and the conditions of the road not to discount and forget the weather.
Driving is probably the best analogy to trading. Except that we will normally allow out learned IQ to interfere with our analysis.
One of the reason why it is hard to detach our Quantitative Analysis equation from our decision making is due to our FEAR of failure. I guess and suppose it will take time to transform and remove this from our analysis.
IF Financial Quantitavie holding the one and only answer to financial prosperity in the analysis than all the finance people should be at least a millionaire. The truth is there are more casualties than millionaire. This brings us to the starting point and most basic question,
WHERE IS THE TRUTH????
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