If I had to guess what's next, I'd say the instrument will pop a bit higher bringing the RSI above 70, and then come down again as that seems to be a resistance level. And the MAs are trending down. *shrugs*
"dholliday, post: 5574005, member Down No strong signals for me. Looks like someone was expecting good news, the good news materialized, and now nobody cares. Not very scientific, oh well. I would not trade this anytesting the lowsway. Expect that the chart will drift lower, maybe testing the lows of the chart. Stop above the prior four bars to the left https://www.elitetrader.com/et/thre...-game-with-you-all.365997/page-6#post-5574172[/QUOTE] Good Eye dholliday.
Do you get wash sale probs daytrading this? (How to avoid Wash Sale Losses?) - https://www.elitetrader.com/et/threads/interesting-search-terms.365486/page-3#post-5573566 One Percent A Day for 200 Trading Days - https://www.elitetrader.com/et/thre...t-right-here-baby.335635/page-25#post-5537130 The KC_EOD Trade
muhaha... I bought near 11.8 on the 4th, bot more into yesterdays close... whats next? I say 16 I'm long 660 shares, will sell most if it gets under 13.2