CATSANDOGSAID:
Only traders that got slaughtered were the ones who bought high and sold.
Most younger investors IMHO don't want to buy and hold.They jump in these currently inflated levels near the highs and panic when the selloffs come.My point is if these newbies are wise who want a safer entry point look at the technical levels on pullbacks for entry.
TEEFARM SAID:
After the run from 12,793 to 41,958 in a very short period of time.Last trade 1-11-2021 is 32,789.This current pullback needs to hold in the 28,793 area.A violation of that area would point to a deeper pullback near 24,263-25,793 level.