Looking for a knee-jerk reaction south off Fed meeting hooblah to get long off of. If it does in fact go south and extends to more than a knee-jerk that's music to my ears for a better entry.
had a few really good long signals that should not have taken much heat. Usually when I see that we reverse or stay in range. Looking at the hourly and 4hr, we might need more bulls to get stops run for a move through 75
Approaching overbought levels on the 240, and already overbought on the hourly. The reversal at 75 actually gave more time to get short than I expected. Edit: With that said, the reversal is still pretty measured to keep today's up move intact