Looks like 27 and 23.50 are the levels to defend. Below 23.50 first stop will be the first real gap below ... which isn't all that far down now, is it? Ahhh ... nothing like a bear market to make prices rally good and stiff, you know
I did not see any divergence at that point in time. It seemed like NQ was participating, hence why I was inclined to believe we could sell. Main reason anticipating a sell was a general statistical bias, but I was only taking a cursory look. Shortly after posting that I actually got a buy signal which made me wary. I thought we could see a topping pattern for a few minutes before a slide, but got a nice uptick into the close instead...
SHORT! LONG! (translation) Bad call, but it's a win because I just tradesplained that sh*t away. Laissez Faire's record remains FLAWLESS! 1000/0 win/loss.
No, it wasn't a win. Trading is about probabilities. Sadly, I'm not at 100% yet. You should give me some kudos for the times I actually post good calls also and not just jump at me when I mess up. It have happened one or two times. Like last week's up. And a few others...
You're incapable of posting a (vague) signal without conditions. You lose a few handles and immediately excuse the loss with the buy signal predicate. I don't need a polygraph to know that you're FOS. In your defense, you're not at the level of a Polenta, who simply ignores losers or edits fills by ten points within the five minute edit window.
I'm not sure ET is the place to come to if what you're wantin' is kudos lol ... but kudos for your call last week!