From what I can see the US market is no longer bullish.. despite all the remaining sentiment I still think the right context is a range, and therefore applying trend strategies in there is the most stupid action to perform ! Trade according to the range strategy would definitely be the best option.
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I agree. Things have turned bearish in the last few months. The chart doesn't look bullish at all anymore. Sentiment has shifted. It has done so because of the trade war. Trade war is the reason for the market bearishness.
I'm trading on news right now not TA and i think it's the best way forward for now. Positive trade war news will erase the bearish sentiment.
I'm trading on news right now not TA and i think it's the best way forward for now. Positive trade war news will erase the bearish sentiment.