#TOTAL (1M)
Keep it simple.
Everyone is still cautious and slightly hesitant to bid the first range, waiting for more structure to develop over the summer, possibly even a clearer accumulation range.
Many are hoping for the second accumulation zone around $1.6T.
Most aren't prepared for the third accumulation box around $1.2T, which also appears unlikely.
That’s why DCA remains the focus. Accumulating in this first box just above $2T isn’t a bad spot, especially if you’re prepared for choppy, range bound price action throughout the summer.
Just don’t overtrade based on emotions.
Make clear,