Markets were excited today and everything had a green price tag on it.
As we go into a long Holiday weekend, markets have a tendency to work their way higher in a very quiet light volume type of market.
Right now, the SPY is headed to the top end of the range it's been trading back and forth within for a few weeks.
The market is designed to trick, trap, fool and frustrate as many traders and investors as possible, as much of the time as possible. We should continue to expect no different on the charts or any other technical analysis tool looked at.
We provide common sense technical analysis on many different markets using charts from various time frames to give traders and investors the most comprehensive look at what today's market is doing.
Whether you're a beginner or advanced trader, each and every day there are lessons to be taken away from the in depth market analysis where we look at the market from a unique lens.
#bearmarket #daytrading #bulltrap
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