NDX closed open gap pretty much, now the interesting bit, what will happen now, continuation of double bottom or resumption of sell off?
I saw basing from 90-93 ish and it was having difficulty going higher . I took my shot with a stop . My conviction level was low thus only 10 . Made over $45 k on overnight and lost $5 k on stop . None of us know were the mkts going . We analyze and take out shots . Stops prevent destruction. So if your right 6 out of 10 times with loss control you’ll make a great living . If you can’t admit you were wrong you’ll be gone fast
i shorted 4093.50 with a smaller target. (wound up with loss of 2pts) i was watching a fib retracement. just wondered if we were looking at the same thing.
FOMC didn't disappoint, ready to do whatever it takes to support economy. I guess, correction may be over lol.
hoping that low was 'it', and now onto business as usual lol Still holding longs and getting bored now