Looks like a failed move to get back up to the 50 Day:
Looks like a failed move to get back up to the 50 Day:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Can't decide if I should bail to the g fund. It's so early in the month and can rally. I don't want to miss rebound
Is this the one's that have the money to do investments ie: $80,000 plus not getting free money 🤔 or the fear that the stimulus will cause inflation. Just wondering
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
The good news is we got a double bottom and completed the 10% correction. Several bad news:
I was in for this 50%, below the longterm channel and the 50 Day held as resistance.
I drew in a dead Cat Bounce in for you. I have it a little higher because of the bigger candles:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Holy hell Batman! "pow" This is looking bad. I have decided to stay 50S/50G because we are close to support and 100 Day test:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Thank you Bquat, first time poster here. I'm in a similar boat 40/60. Thinking I will stay just one more day (which is what I said every day this week...lol). Definitely a lot of selling going on but hoping for a decent bounce on Monday.
Wouldn't you believe it. The double bottom is confirmed again right at our deadline:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Confirmed double-bottom - at our deadline... figures. DARN you TSP wayyy-tooo-earlyyyyyy deadline!! I pulled about 80% of my TSP back to G today... want to withdraw that NOW, but NOOOOOOOOOOOO. Maybe do 2nd IFT to pop-back in tomorrow (Monday)?
I'm curious. Does the Smart money or whoever throws the buy/sell switches for the day know about us TSPers? Are we big enough to be on their radar and do they watch or react to what we do? Every day this week around 1030 to noon it looked like things were holding steady or trending up, right when we have to make our decision, only to be killed in the afternoon. Or am I just being paranoid. lol
Getting back above the double bottom continued buying into the close. I don't know why Tradingview.com doesn't show the buying into the close but I got +1.56 that was enough to get us back into the channel and over my Dead Cat Bounce line. Still embedded to the downside but that's on hell of a bottom tail. So I drew in the afternoon candle:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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