Today - 3.12 Market show a strong resistance to go down (again). My expectation is that the market will recover most of the loss in the morning and will show some green COB today, and tomorrow, it shot up again !! This market is so easy to trade. Thanks for the election year. Time to buy the fxckxxxx dip again ?
Not sure about easy market to trade. There seems to be ninja buyers. Once the ninja buyers are done, they will come out of the shadows and start showing bids. Then buyers from the sidelines will start lifting offers. Then the shorters at 13K will start covering and then go long. 13,100 is where the we have lift off.
This is the only part of your post which is relevant. To this i say, WTF man? No one should ever just be anything. The whole point of trading or investing is to be able to tell when a bull or bear market is underway. You would admit that there is such a thing as a bull market, correct? If there is such a thing as a Bull market, and one has existed in the past, why would anyone always be a bear? Makes no sense.
wonder if this marks the top COOK TIMOTHY D Chief Executive Officer Mar 12 Sale 550.16 20,178 shares 11,101,164 total value sold $11,000,000 worth of stock in one day.... hmmmmmmmm
Directional preference should not be a concern. Trading the current trend for added probability is though. Up, down, sideways, should not be a concern for a trader.