okay pattern people,starting 9/19 on the topline and 10/10 on the low line on a daily tl triangle,we have a descendinging triangle,does that usually turn out to an upside or downside breakout? Skip the 12/1 high..... nice grab start
The SDD afterplay calls for going long at the cash close and holding it until 10 am. Currently up 15 pts, although we just had a doubletop... Edit: DT didn't drop much, up almost 20 pts...
Pek, anything you can share on first bounce off SMA failure? Could become very important today for the after 10 am moves. Thanks!
Just an hour to 1.5 hr is good enough for me ... That will give us "the better" kind of low like last time.
Now that eventually we went through the SMA yesterday, it should act as a resistance for a while at least. So if we do go higher of the current 833, the SMA level of 838ish should be an excellent short.... The SDD afterplay is long until 9:45-10 and short from there until 10:30 at least. After that it can go both ways...