I think there is a very good chance we get a spike move up of about 30-40 points before the close today. same sort of thing that happened yesterday afternoon. been trading long enough, I can feel it coming.... blackguard
I agree with you' but right now I think were trying to decide if were going to have a pullback to some support ie the 10424 level then bounce from there
I received a PM from somebody asking my time horizon. It is multi-day. as for profit target....maybe 40 points. blackguard
Blackguard, my question is do you think for the past 2 days we have been forming a upslanting wedge on the 15 min chart or a dbl bottom. I mean it could go both ways; ie wedge looks more likely to me but the dbl bottom looks promising also what do you think?
djx, I don't play it that way. But I was bullish. I bought at 10447 sold everything at 10469 average. trade closed blackguard
bought in again at 478 (little risky) but want to see if we spring from here. I figure if we make it past 490 were good to go if not then we might be forming a wedge I dont know if I have the gumption to short just yet thou have to see what pans out
Volente 00, Now we know it is a bad trade(not a good trade). Veryone made bad trades nothing to be shamed of making mistakes in trading. But now can you share with us what's the facts made you decided to short at 10449? Please. Learner