Just guessing here. Possible Bull Pennant:
Just guessing here. Possible Bull Pennant:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
There we go again. Recovery worries because stimulus package is in the background now. More political battles just may put all financial problems on back burner. So I be wrong again chart wise. Until the dust settles.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
If you take that bull flag and flip it upside down, you get a bear flag right? That is what I am seeing. That - or I have not had enough morning coffee. LOL
Maybe a longer term Bull Flag. I hope we don't have to test the 200 EMA:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
That would be awesome.
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!
This is not what I expected. I don't have a new Midterm Channel:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Staying in.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Me too!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Me too, although I could do you guys a solid by exiting to 100% G. That's about when the market would turn north and close with a 3% gain.
Scott Harrison
Senatobia, MS
Gracious of you to suggest that, but I'm staying in because we are almost through the worst part of the month as far as seasonality goes and I like the idea of being invested going into October and preserving my 2 October IFT's for an exit if the first part of October tanks and a re-entry later in the month. Playing the odds that the worst of this pullback is behind us.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I had a Midterm Price range that had me thinking neutral and a tiny bit bullish even in the news environment. Today's action got us below that. It was trying to get back into the range but well see. Sorry that my justifications are becoming more opinion based than chart based.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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