Absorption, Market Sentiment
This site recent discussion about absorption requires further explanation, as the subject matter can be tricky. Absorption is a natural process in the markets, and it is likely to appear just before Mr Market choose the new direction.
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"What beat me was not having the brains enough to stick to my own game - that is, to play the market only when I was satisfied that precedents favored my play." ~ Jesse Livermore
"If past history was all there was to the game, the richest people would be librarians." ~ Warren Buffett