Good time of day!
The market continues to experience high turbulence, many instruments have rewritten weekly highs and are now trading in a range.
Hotheads have already begun to predict a season of unprecedented profits, urging you not to miss the opportunity to buy right now!
But remember, the market is a battle between sellers and buyers, and each of them hides their risks somewhere. For many instruments, there are still buy stops left at the bottom, and many instruments remain overextended at the moment. I'm not talking about some global strategy; this could all change within one to two days. In my opinion, the market is waiting for another reset, possibly a more global one, which will shake out the money of Bulls and Bears, and only after that will it open the way to long positions.
Good luck to everyone!