DislikedFirst day of Summer was yesterday June 21st, and markets usually become very unpredictable during June, July, and August. I guess the kids are out of school and a lot of traders in the big banks like to take summer vacation. So you would notice that no strong trend rarely start in June and July. The big moves usually start from the end of august till mid december and mid January till Mid may.
The one phenomenon that becomes increasingly strong, is wipsaw action, and different opinions and the thought that some trend is going to change, while...Ignored
These are the thoughts of a seasoned pro.
Your posts are very informative and thought provoking.
Thanks for the sharing.