Wow look at the buy in on the tracker. Not me.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Oh, your channel was the 1213 mark...I am looking (longer trend) at 1202ish.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Now grasshopper sees...and what is with the "maybe"? Birch is always buying!
Think this selloff is way overdone, I'm looking for a reversal here in the last half hour and a rally into next week. It looks like it's a manufactured selloff, at least in the equities and commodities, I still think there's a lot of pressure on the hedgies and the desk traders to close the year in the black for their clients. There are big bonuses on the line, I'm all in as of COB today.
The 20MA is below the 50MA which is below the 200MA and price is below all 3MAs, not good...
Retired, 50G/50C_ BLOG: Stats for April, 2024 Stats
I'm looking for another down day. We set an even lower low and lower high and dropped out of the channel. Looking for 1204ish to hold but nervous that the market may go ahead and gap fill the next gap.
We can bounce at 1204 and satisfy the inverse H&S. With the dollar maybe topping this may happen. With there not being a bounce today, I don't think a bounce tomorrow either. We shall see.
In my Capital Preservation mode, I have to see good confirmation to the up side and it's not to far to where the top of the channel is resistance.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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