It's an easy week as the Nasdaq enters a bullish territory and phased out the last year's bear market. The market had been just going all the way up except for like Thursday night where there was a major profit taking which took place which caused a major sell down. Sold all my Nasdaq stocks last evening as the market hit the peak price with so much sellers unloading at the top as highlighted in the 5 minute chart. The Nasdaq has risen for seven straight weeks while the S&P 500 is at its highest levels since August 2022. Stocks were performing at all angles while of course some laggards are just playing catch up games.
My trading volume has been pilling up like crazy as more millions of $$ down the market while bigger trades were executed effortlessly. I am just so wary about sellers showing hands at the supply zone as normally they do unknowingly without the buyers notice. Managed to still make profits and no wastage of trading opportunities when it presented in its clearest form.
