There was an IHS I posted about earlier with shoulders right under 88 and neck around 90.5 that projected to 95.5. fwiw 88 was also the 50% level from the last r10 83 - 93 move. It turned into an ascending triangle with higher lows and the same highs which is bullish as well. The afternoon was hard to trade with the chop but the higher lows gave it away. Just curious why you chased on both trades instead of being patient ? Often it is best to avoid chop because it leads to boredom and forcing trades that are not high probability.
This is more like it! Crystal ball trading! Banked a plus 12, called for a 5 point drop and a 12 point rally! We dropped 6 points from your exit and have since rallied nearly +10! Please tell me you got back in long!! This is free money, peeps!! Amazing that only you and iseefedpeple seem to be taking advantage. I may being posting a few calls again soon. Need to show you two how to do it PROPERLY!
Market continues to defy counter trend technical analysis. Just wanted to thank Bernanke and the shorts for making it all possible your contribution is appreciated.
Congratulations mr demon. You have reverse engineeered what I have given away for years on here. Now my edge is gone and I will no longer be profitable.
Or, on the contrary, you'll be more profitable than ever, thanks to the market fundamental paradox.:eek: