Bulls bought the dip, which started a buying momentum that lifted the pair to 974.39 in February 2017.
Not exact matches
The so - called «
buy the
dip» phenomenon has been a hallmark of the eight - year
bull market, helping sustain it as traders use weakness as an excuse to load up on more shares.
As we saw in multiple early selloffs and recoveries near the 2007, 2000, and 1929
bull market peaks (the only peaks that rival the present one), the «
buy the
dip» mentality can introduce periodic recovery attempts even in markets that are quite precarious from a full cycle perspective.
Bottom fishers
bought the
dip, but the ensuing rally showed that
bulls were tapped out.
I continue to be in
buy the
dip mode as the market remains inside a large trading range inside a bigger long term up trending
bull market.
Our opinion is the markets want to trade lower but the continued «support» and
dip buying make the trend challenging as there is challenge by the
bulls to hold 2650 in the E-mini S&P.
Much of this commotion comes from the «
buying on the
dip» mentality left over from the previous
bull market in the 1990s when many made a lot of money
buying cheap at every
dip and riding the recovery.
And I'm definitely not saying that investors should sell (bear market) or
buy the
dip (
bull market).
If the blue line of the FX Sniper's T3 CCI custom indicator
dip below the 0.00 level during a
buy signal as depicted on Fig. 1.0, more
bulls are said to be closing their positions, as such an exit or take profit is recommended.
If the line of the ForexForecaster.ex4 MT4 indicator
dips below the 0.00 level during a
buy alert,
bulls power is said to be weaning i.e. a trigger to exit or take profit immediately.
A
buy signal is generated when the CCI indicator
dips below the -100 mark, thereby signaling a
bulls market.
On a negative note, the Nasdaq is struggling to keep up with the S&P 500 and especially the Dow, and That said, should the next few days bring a higher low and a higher high in the major indices that could provide a good
buying opportunity for
bulls, but for now, we wouldn't jump on the
buy - the -
dip train with full positions.
Buying the
dip only works in a general
bull market.
Whether
buying the
dip, holding for long - term gains or cost - averaging each month, bitcoin investors believe the
bull market has only just begun.
«
Buy the
dip and HODL,» said Bitcoin
bull Thomas Lee, head of research at Fundstrat Global Advisor, on CNBC's post-market show «Fast Money» on Wednesday.
The long tail yesterday shows that
bulls are eager to
buy the
dips.
Bitcoin's meteoric rise earlier this month sent a clear signal that the
bulls are still in control, and are keen on
buying the
dips.