Category:SPA

Slow price action, or slow PA. Bulls and bears both lack confidence, displaying hesitations, yet market keeps going in one direction. SPA day can be dangerous, for e.g. 20230306, market had a strong sell off starting from 35 after the bull leg 29-34, the move up from 29 was also slow, like the previous bull legs, but the selloff was abrupt and becoming more and more aggressive from 16.