How to change direction according to market sentiment

Today's round of judgment can be said to be a perfect example for everyone

When should we stick to our judgment

When should we change our thinking

In the views of the past few days, except for a small round of bearish arrangements before the speech, the main theme of Farsight has always been to focus on bullishness. Why do we need to change our thinking today?

Three factors

First, the mid-line target has been reached, and there is resistance above the structure, but the trend has not changed; second, there is a swing in macroeconomic sentiment, and it is not appropriate to be too bullish; third, data will be released within the day. It is actually very easy to understand when combined. The game between the two sides needs to wait for the results of the data to be released, so it is the wisest choice to look at it in a range before that.

At this time, some friends may want to advocate the theory that data is useless. For such friends, Farsight has nothing to say, and can only give him a sentence of long live feeling.

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