Trying to ignore the news spike in the VIX:
Second half of the day had a lot of volatility (Ups and downs). Tested bottom of Longterm Channel and got back above 20 EMA. So between the 200 EMA and the Dead Cat Bounce line could become the Short or Midterm Channel:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Trying to ignore the news spike in the VIX:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Pop downward and now filling it's on gap. Might be a bottoming move. No move for me staying 50S 50G. Channel holding:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
So, is today redefining the Midterm Channel?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Swing in the VIX same as Friday but a little better result. Just below Danger level:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
The trend is your friend...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
74 on the autotracker a big surprise to me. I must be guessing right or Spidey sense saved me.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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