It's Christmas and all traders/investors are enjoying their holidays.
Been browsing trading sites and news about the markets but most are all days old or a week and some are months old without any updates.
Probably most market participants got tired with usual up and down movement.
Can't blame the market participants for the market is a news driven direction.
Fundamentals at this time in the market just doesn't work as well as with technicals.
What work is the day to day market movement reaction.
Unless you can adjust with the unpredictable market movements and take advantage with the patterns, you can't participate with the opportunities that the market offers.
That's why day traders love the market (daily) for they can anticipate the market potentials.
Looks like some market participants got burned with the abrupt movements of the market, sometimes most big moves that affects the market happened overnight.
Most positions got stopped out during this session, that's why most traders/investors lose most of their investments.
As the year ends with a few trading days left, looking forward (next year) that volatility in the market will lessen.
Hope that economy will recover smoothly in the next coming year and the market will stabilize.
And all traders/investors can recover with the market anxiety.
Merry Christmas to all!