The higher the DJIA climbs, the stronger investors commit to the rally.
This herding pattern repeats itself in every bull (and bear) market. When stocks reverse, the majority gets the inevitable surprise.
You can avoid this mistake.
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The DJIA has been on a winning streak with one all-time closing high after another. "Traders are convinced that market volatility will remain nonexistent." Our subscribers know better.
How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.
Since last August, cocoa prices have been in a “meltdown” (CNBC). But imagine having a clear “line” in the sand which, if crossed, would signal such a sell-off -- before it occurred. Well, you don’t have to imagine.
Roses are red. Violets are blue. The fundamental stage was set for the euro to rise... but instead it went boo hoo. The reason why might surprise you.