Actually, if you were to draw a upper channel line based on or extended from the rising trendline from the LOD, you would come to the same conclusion (without the murkiness of Fib )
8 out of ten times ,when the uvol/dvol comparison chart,has 1 going up all day and the other one flatlining all day we get a buy or sell program into the close. Today the 1 rising all day is the dvol line,so good chance we get a sell program on close
the 700 billion was a loan to hedge funds to fund the margins on their short positions,paulson now has largest trading acct in the world
which is why you should have profit goals. not dollar goals, but point goal. my opinion. after you have hit the goal, you would only be risking more points to make more points. this will produce consistency.
ammo, just wanted to give you props for giving me the idea for the spy put spreads a few weeks ago. I appreciate your comments and insight.