Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.
Stopped out 88
serious drop toward lows
Not yet hamburger we gotta go back up and test the extreme at least for a point or two .Maybe 3 then i'd be looking for a reversal south if it can all happen before the close.
It ain't over till it's over.
I think i will skip the test up and wait for a reversal to short. If not forthcoming i will consider long.
run for the lows
After this 14:05 bar i will see. Gotta see how it closes. I am getting hungry. No lunch yet.
I don't think there will be a run for the lows before market closes. But we may get a 3 or 4 point drop once this test of the high is done and the fat lady sings and a reversal takes place. So far all we are seeing is a test of the prev swing high and at this moment there is no indication the test is over.
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