I was thinking similar thoughts, but need a confirm before I'd short this baby again. JJ P.S. That was a sweet recovery, but the primary intra-day trend remains down by all (of my) measurements.
30 min coast 2 coast move complete as well.....expecting a walk up to the hi end of the range over a day or 2. 67.50 = 50% ...should provide an inflection point & reaction.
Couple more days like this and I will have a heart attack. This thing was dropping like there was too much gravity all of the sudden. I am out guys. See you Friday! I think I am gonna have that cig. after all. Btw. JJ thanx for kind words! Best of luck to you!
largest market in the world is implying we test 1480 again...fx markets retracing..carry trades. remember the amount of fear that was in the market of late, when it gets unwound you will see it on the cash spx chart, its still pretty tame.
look at the 5 minute chart for usdjpy spot, and es....mirror.. some large funds with bots linked them...trading tic for tic.
a close on or near the lo will put up a bear tail on the daily.....10/15 min H&S says down......put price action is telling me they`ll take it to 80 for a retest.