Just an analysis I wanna remember

28 באוק׳ 2019

The market is wonky. I've been pretty short the past two months on the market, catching the down moves in a lot of the stocks, and when the S&P moved up, the stocks didn't react too bullish. Right now though, in the past week a lot of the stocks turned 180 and are all showing signs of a move up. RSI/Trend/Patterns... It is weird though because right now I am trying to transition to bullish but I just keep thinking if i do that I will be a sucker. It looks like there could be a pattern forming of higher lows then a breakout right after. At the same time it also looks like this could be a triple top and everyone gets burned that was bullish. SPY just made a new high today but just barely. I could be a fool for thinking this is bullish but I think the market is strong right now. We'll see soon enough. Just gonna keep my cards off the table for a few days and figure this out.