Watch for the flat to play out

May 18, 2018

I believe that we are still finishing out the flat and should soon see an increase in volume in the market, pushing us up through resistances, making retail investors/traders believe that the bear market is finished. They will begin fomoing further pushing the prices up triggering stop losses and giving break out traders the signal they are waiting for to hop in creating liquidity for large institutions. Just as soon as that occurs the market is going to take a drastic turn to the down side.

*DISCLAIMER: This is just me sharing my ideas with the community, not trading advice