STI going sideways, volume looks low, so no selling pressure BUT if price cannot goes up, normally its waiting for a PULL BACK. Better to take at least 50% out of the market as we cannot never sell at the top or buy at the bottom.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
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