Somebody must have leaked the jobs report...
Why did we get a bottom tail at the top of a channel.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Somebody must have leaked the jobs report...
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!
I was thinking that there was a 30/70 chance of P 2. There must be something good happening in the economy that the press isn't covering. I now think there is a 50/50 chance. I am staying zoomed in because I was watching for a topping pattern. Now the short term is more bullish than I ever would have guessed. The bottom tail yesterday afternoon surprised me:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Coming down from the Panic Zone, I think the Fear Zone is now the Low Fear Zone. VIX:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
If this continues we may be less than 80 days from a bull market.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I'm using the Higher Low line as the bottom of my Midterm channel until it is broken to the down side. The top of the channel isn't verified but sometimes things in this market move to fast to adjust. This could be wrong but I'm going with it. Especially with an up move on a Friday. If it's an over reaction to the news, I will redraw:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Fill free to comment. You could be right.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Little more down than 17 percent to plus 6.93 percent, I am one lucky guy.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Thanks Tom, Rod, DreamboatAnne, and special thanks to Coolhand who kept me bullish.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
I fell all the way down to 30.56%. I have clawed my way back to a 0.59%. Almost back to my 2020 start but I'm still 4% away from my high for the year.
May the force be with us.
I'm sucking bilgewater, but I'll get back on deck at some point.
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!
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