This is the kind of environment that should stay on the sidelines and just watch the market do its zigzagging.
This is where you can exercise the discipline, not to trade.
You cannot trade the market all the time unless you scalped it that takes a lot of guts to play the market.
Seems the market will take a lot of time to get its traction, it is on the consolidation mode.
But the strange thing is that, it is on the downward trend.
I suspect it might drop further unless big money will buy the market.
The participants are gauging each other, trying to psyche each others motives.
We'll keep on watching who's going to prevail.
