As expected market reached its high and ready to turn again, due to following reasons.. 1. Market pinned long term diagonal resistance 2. VIX pinned last support. (There are more upside risk than down side ) Astro Traders .. 1. Full moon is coming on 18 TH Monday. And more .. Euro is yearly high and ready to move down Dollar is low Bonds are low and ready to turn
"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.