Thanks! almost like a trend following call on the DJIA--- my chart reading call would be to take the opposite side of your trade with a short in the YM @14060 right now, expecting a pull back to support at 13850. this has nothing to do with the Price Drivers, just a glance at the charts. This is hypothetical. good luck! surf my first time annotating a chart, so sorry for the mess, but it should illustrate the trade
Well there you go. It's good to get conflicting opinions as it makes one think. I stand by my call, there will be no pullback to DJIA Index support. This is the beginning of new upleg you were waiting for imo. Lets see how it pans out, I'm long, your TA call is short.
cool. this is what makes the market work, I believe there will be massive upside also, but not untill one more pullback. surf
May i humbly suggest "how markets really work" by Larry connors for one of the only hands on, actionable quantitative studies of what you are trying to do. thank me later, surf
Surf, you're one of the funniest yet narcissitic characters I think I've ever witnessed on an internet board. Everytime someone mentions anyone famous you claim to have some relationship with that famous person...otherwise known as "dropping names"...which is a trait of someone that, on the inside, is very insecure. Barack Obama: Surf: Oh I had lunch with him the other day The Pope: Surf: I'm the one that suggested to him that he wear red shoes James Simons: Surf: I was with him when he came up with the idea to form Renaissance Technologies Tip: fwiw...I don't know if you're even aware you do these things but from the outside observer, dropping names is a very undesirable trait to possess