Does today's pop leave the abandoned baby?
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Yes the gap is filled. definitely looking better:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Showing Dead Cat Bounce level:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Since we got above my entry level I was thinking of doubling down on the last trading day of the month. But I will probably stay half invested or exit with what I think is an inverted cup and shoulder. This is how I have to show it, Use the top half of the circle as a cup, This can be a bearish pattern and it's too close to the end of month to decide on it. My guess:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
VIX still has some fear to it and is not subsiding like the midterm fear was:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
What do you think?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Market strength isn’t making sense to me. I bailed on a down day (Monday) so am not too happy about that pick but was still slightly green for the trade so am ok with it. I am not trusting hardly any news out there. Seems like spinners which used to be mostly political in nature have now applied their slants to the coronovirus, bond yields, overall financial markets and etc. I think your cup is accurate...but that is coming from the lily pad😉
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