Until it doesn't.....
Lots of moves last night and this morning, a very complex correction. I got stopped out of my longs and have been waiting for a resolution. Still looking like a bearflag overall. Below the red channel line would give this idea more confidence. Target to the upside could still be 2550-60 area, we'll just have to see. Good luck to all
Lots of moves last night and this morning, a very complex correction. I got stopped out of my longs and have been waiting for a resolution. Still looking like a bearflag overall. Below the red channel line would give this idea more confidence. Target to the upside could still be 2550-60 area, we'll just have to see. Good luck to all
تعليق:
Purple Channel from yesterday still shaping the price. If we get to the top of the channel, that would get us near/over 2550.
تعليق:
Looks like we're going up. 2560 (price area) needs to hold for the bear case to play out. Upper channel from last update is my target area.
تعليق:
OIl hit resistance, usually influential to the market movement.
تعليق:
Channel still holding back price. .5 fib at 2929 was hit which was originally my first target for my longs. Futures chart is delayed, but you get the idea
تعليق:
SPY trendline "appears" to be breaking down - worth watching
تعليق:
Waiting for a retrace to enter short, for example -
تعليق:
If we don't bounce much, I think a break below the horizontal line would be an option to enter short. As long as stops are relatively close it may work fine.
تعليق:
Took a short, stop for me is 250.40. Not a big deal if it gets stopped out. I have to buy food for the next 8 months - later guys
تعليق:
stops put into some profit, so it's a free trade. Going to shop finally - good luck!
تعليق:
Back from the store, took some profit because we hit the futures trendline. I expect it to break, but we may bounce a little first
تعليق:
Completely spitballing here, but this futures trendline might indicate a bounce to around 2485 (sp500 futures chart).
تعليق:
Possible bear flag on spy, also broke a trendline and seemed to retest it twice with no success so far.
تعليق:
We are again fighting at the Red channel line. Expecting a bounce here, but it may just fail. I'll take profit if they hold it and reenter short if we get under it
تعليق:
still battling at that trendline, no decision yet.
تعليق:
trendline seems to be breaking down. 2464 on futures should not be passed at this point.
تعليق:
تعليق:
they saved the line so far, so I stopped out with good profit for the day. It may bounce here or it may fail. I'd rather just watch at this point. still short in gold. Good luck everyone
تعليق:
Here are some targets for the bounce. Couldn't help myself and took a small long position
تعليق:
Reached the fist target, and immediately sold it, could be a bull trap.
تعليق:
quite a battle towards the close, waiting to see if they close above my red trendline on futures.
تعليق:
Looks like they will close above it - bullish. However this could also just be an ABC correction, so I'm flat
تعليق:
This could be the count, not saying it is, but it makes sense as of now
This could be the count, not saying it is, but it makes sense as of now
تعليق:
have a great weekend everyone!
