pennycrypto

The Business cycle continues to expand. S&P Manufacturing PMI hit 55.3 today, beating expectations of 53.8. Every single month, smashing expectations. Although this isn't the total ISM reading, it is a very strong correlation to it. For reference, levels of 55+ have only ever happened within the biggest periods of expansion(bull markets). Last three times we hit 55+ were: - 2013 - 2017 - 2020 Do you guys remember what happened within those years? Yes.

If you were buying the lows, ignoring the noise and disregarding the FUD, There is not a soul on this app who can say ANYTHING to you. NOT. ONE. There were ‘experts’ with hundreds of thousands of followers, some even over a million, mocking bulls and being extremely smug with every push lower. They are now either silent, or pretending to be happy the market’s green. The REAL ones know who was here at the lows, who maintained an objective outlook with charts & data to back up their reasoning, all the while being publicly berated. If the trolls spent more time researching and using whatever’s left of their brains, they would be up handsomely, instead they are operating on Cope Level 1,000. Personally, for me, the bidding has been done & now it’s a joyful waiting game of taking profits and seeking other opportunities. There are still many alts that haven’t broken out of their accumulation zones, so if I were looking to position, that’s where my attention would be focussed. Don’t go top blasting giant green candles, wait for pullbacks (they will likely be sharp, aggressive & bought up very quickly) and have set parameters where you’ll look to skim profits. The hard work has been done. Enjoy the green, you’ve earned it. 🤝