Buy limit @ 50. Wrong at 45. I have 35 as a potential target below, so aware of the dangers. If this week should be an Up Week - I don't think we should drop that much below 50.
Looking for a move to 4465/66 from here as long as this base holds. Reversal from there back down to the LOD or continuation higher for a new HOD by EOD around 4490/4500.
It is September but today had a bullish seasonal bias. Interesting that Russell sold off to support and then bounced pretty good. We'll see what happens!
I have the copy from 2016 at my desk. Should probably get the updated one. Do you use the online version? Also - do you find that the data in it is actually helpful? I like to look at statistical data, so it's right down my alley.
I do use the online version. I overlay the seasonal work with other seasonal data I get from Sentimentrader and other cycle work. Still view it as secondary to my other momentum-based analysis.
59.25 locked in for + 7.5 x 2. Either a move lower here before higher or a new LOD. Have to be somewhere, so gotta go. The other scenario is we'll just range around at the lower part of the range... Good luck all.