Wow! Did I call it, any way, the ES came right back to yesterdays lower range and the probabilities have increased for lower future prices. In my experience, deep pullbacks off of fibs bring lower prices. Lets see what the euro zone does to the ES? thinking sideways but who really knows
Me thinks we are Still pitching southward, weakness in the 30mn close indicates possible short term support but we are still working towards a pour.
News, News and more News, In the life of an investor, one must always keep there ear on the railroad tracks and have solid money management skills. Now that, that's all said and done, I will not posting here anymore. I think we lost the Big Mac and I'm not sure if he is returning. Besides its an NQ Paper trading journal and I do not paper trade. Cheers for now
Do you mean: A) Dropping like a knife is clue or B) Steepness decelerating / leveling out is clue for reversals?