Yep, MACD was like watching ping pong for last half hour... at least we broke down. Was getting sea sick.
seen this a few hundred times ....it never changes .....nq was up then down...buy up sell down?....es ? why the confusion for intraday read? very clear......
lower highs lower lows means trend down...when bears yield bulls will take over again...looks promising but promising does not count...........until then happy trading
it was the "good news", didn't you hear the sucking noise? We don't hold here, slap on your sliding slippers. Listen closely, you can almost here them saying, "Gotcha Suckas."
Anyone enjoying this messy price action? If my memory serves me correct (as it used to) this type of action forebodes an imminent reversal, usually within days. Well, judge for yourself.