Market almost topping or Breaking out to new level. All markets are its highs. Dow and Nasdaq are leading and on resistance. S&P and Russell are lagging. Today formed a opposing tail pattern, in almost all market showing confusion in traders. What is next ?
"Trade what you see, not what you hope" emphasizes the importance of basing trading decisions on objective market analysis rather than wishful thinking. It advocates for a disciplined approach, relying on observable data and trends rather than emotional desires for market performance. This principle underlines the necessity of a strategy grounded in real-time insights and technical analysis to navigate financial markets effectively.