Feeling abit out of sort. Abit disoriented. Although the charts is showing a top or toppish,market sentiment seems to have become bullish. Take WOW for example, seems to have topped out but then again it could be a start of the 5th wave. CBA too. Is $54.20 the top or is that the peak of the 3rd wave ?...and by the way CSR did hit 1.82. And look at Harbvey Norman, increased 17cts in 2 days after position was closed.
Action to take :
Stay Away. Yes there will be a period whereby the trader feels disoriented. This is normal. Stay away for now. Clarity will return. This is the trader's nitrogen narcosis. Just like the diver has gone too deep for too long. The trader needs to return to shallower waters.