APPL - market makers are f...with us, but Tartg $172 is alive

20 сент. 2023 г.

Yesterday it looked as if we were going to make a temporary high in the zone outlined in my yesterday's post, but this morning, it doesnt. Market noise is exactly what it is - noise and confusion. Scalpers get burned if they don't understant a big picture (market context). We are pausing until 2PM EST for Fed annoucement, as if it's news. Market is fully aware of what's what, it is us the retail, naive people who are still expecting news. THe so called news are no news at all, we are in shit and getting deeper and deeper, no market mechanics can save us from a major market correction that is coming up. Charts are clearly displaying the trend. Now having vented out, I must remind myself that eamotions be damned. We follow chart/momentum/trends. We use risk managemtn techniques - hedging, stop losses etc to protect our assets no matter what!

Long term charts point down - they have never lied in the past!