Shanked & bled… Bullies defecated the bed… Blanket of snow…. Heavies running the show! I was a poet… & didn’t even know it!
Do you think your green trend line might have been broken? Or are you keeping it as valid? What do you think of a downward trend line between the two recent peaks? I am trying to decide if we will see some follow through tomorrow. If the green trend line is broken more convincingly I would lean towards a move to the Jan lows then a stop on Friday leaving a double bottom to keep people guessing over the weekend.
answers in bold are my humble opinions: I am certainly more inclined to sell rips at this point. I personally wont buy right now unless I am sitting in front of the screen. (for a trade, i mean.) I'm nibbling just a bit in the investment portfolio. just crazy thoughts here, but if NATO and Russia can agree on something over the weekend, we could be right back up at 4520 next week. newbie
Take a look at a 4 hr chart. Looks like they’re gonna try to develop a W reversal. This has been the go to reversal over the last few years on dips. I’m expecting it to fail obviously. So maybe we need at at least 4 bars of consolidation before a drop. Looking at the weekly, the lows of 3 weeks ago are in okay for Friday, but next week is more likely. look for a good spot to go short and hold over a few days IMO is best play
wondering about this scenario: 1. Wahoo, there's some agreement in Eastern Europe over the weekend. - Market takes off. 2. the next day or two after that.....Oh no, I forgot about higher rates - Market gets smacked down again.
You forgot about the avocados!! https://www.dailymail.co.uk/news/ar...ses-lift-avocado-ban-crunch-talks-Mexico.html
It is time to add one contract. Or move your post to the what are you going to do about inflation thread!