Cobra wrote:good bull bar, someone is defending the morning low. needs a follow through the next bar to kick off the rebound.
Cobra: you were right about bounce is opportunity for selling. So, if trend head lower can you let us know target for L2?
thanks
no target, just move your stop loss.
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hmm, good H2 long, again, it's important you know the setup, expectation and tradings are totally different. I could expect to rebound much earlier but if you wait for the signal to confirm,then you won't lose anything.
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resistance at 122.60, let's see if bulls can go that far.
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bears look like they were able to nip that rebound in the bud with a bearish reversal bar on the 5 minute. i'm STILL waiting for a SPY LOD. i have a strong belief we'll make it.
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oh lordy dord, usdollar is officially 5 wave up. no idea when 4th wave is over but when it is over, i guess we all need to step aside long, otherwise we will get crushed.