Changing the most important clock right now. Damn daylight savings time.
Last edited by Bquat; 03-16-2021 at 06:04 PM.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Expected FERS Retirement; December 2028
Thru-hike the Appalachian trail spring 2029
Well at least I am missing some loss.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Confirming that we are un-embedded. Found some support on the 8 Day. I be watching the rising 50 day or blue line below it for a possible re-entry but 60/40 chance of Higher Low line could be reached if Fed says something the market doesn't like:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Well I guess the Fed news reversed anything I was thinking.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Well the Fed news was enough to re-embed us but not enough to get us back into the flag. The bottom of the flag seemed to be resistance. I can't fight the Fed so I am news neutral and slightly bearish for tomorrow:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
We are slightly un-embedded again. So since the flag was completed and the Fed news stalled my expected drop, I'm still thinking the market is news neutral. Me I'm slightly bearish because I'm out. I made a temporary Midterm sideways consolidation until direction is determined:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
So much for my Midterm sideways consolidation box. Direction was determined. I was thinking re=entry just below this level but this big a drop a day after the good Fed news has me concerned that this could be a right shoulder. Just my opinion. By the way this was a good test of the 50 Day. Anyway being out there is no rush to enter:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Head and shoulders would be a continuation pattern... isn't it?
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!
Testing a light support/resistance line:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Looks like the S-train blew through your resistance line and is already at, or past, your exit... =:-o
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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