i don't believe that last 15 candle, i think its a sign of reversal; but not right here; let it play out; let them think they buffaloed you but stay tight, all spec
i want a squeeze where the bulls believe that the bottom is in, one that lasts a few weeks at least this bear market is still young
It's tough...the 1/20 low basically spent no time down at those levels and then the rolling chop higher was an alternating series of up v down overlapping days...plus much of the better range and entries occur outside of RTH, so there is that obstacle as well...Basically if you can't get an entry at an extreme, it's difficult to hold that position thru the noise once prices get back to some "median".
we are taking out 1840; all i can do is see a few points out and even then i am too often wrong but you know it's enough for me
just going based on technicals i'm looking at the weekly s&p chart and i see a h&s that's in the process of breaking down with support around 1790 at the 200 day moving average -rsi isn't oversold yet, indicating there's more room to fall -macd is bullish but is on the verge of crossing bearish what does this all tell me? a big move one way or another is coming up either it's going to breakdown or it will be a false breakdown then a massive short squeeze
jesus, how can i get 3 points off any of this? thats all i want to know. how can anyone trde off this incl you? your mired in BS i'll sse you @ 49