It is a bull market

Needless to say, Alcoa's earnings report gave bulls another shot. if I were an Elliotian, that seems like it is the start of Wave 5 motives. But I am not, I don't believe in any technical indicators..well anymore.

My Technical Analysis conclusion today is:

• Price actions discount everything.
• Elliot wave counts shifts.
• Go with the flow.

My fundamental analysis key today is:

• Look for the signs, news and accumulative mood.

All the experts in big money firms already told their traders to place the bets. and it is going up. So just go with the flow, i.e. look for the trend and follow it.

shorts:
longs:

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