If we close the gap then finish the session at new highs, will that negate the double top? Just asking ...
My guess a lot of effort in the past, not giving up, and learning from mistakes. Just a guess. But that is the way it usually works.
Yes. If that happens, high prob we get 2450 by monday. But if it is the intention of the mkt to pullback, then we get the gap fill below first. =)
Quote from Buy1Sell2: There is only one 100% winning strategy. It is dollar cost averaging (buy and hold) into index mutual funds over a time frame of 20 years and beyond. Other traders need to use close stops risking no more than 2% of TLNW on each trade/idea, letting the winners run. I did mention that it was a 20 yr and beyond strategy, not one where you would need the money next year.
I swore I am not picking on you... I tried it between 1916-36, it didn't work. Then I tried it again between 1960-80 and it didn't work either.... I must be doing something wrong....