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$RUT lag?Cobra wrote:either 3 push up or H&S bottom or C&H (cup with handle, will from now on use C&H). key time. The bias in on the upside though.
yes. but we're talking about very very short-term, a day or two or even an hour trend. most guys here are short-term traders.wishful wrote:$RUT lag?Cobra wrote:either 3 push up or H&S bottom or C&H (cup with handle, will from now on use C&H). key time. The bias in on the upside though.
Bear flag...I never look at INDU, but it sure looks different than SPX:Dow Trader wrote:longer view,
bears can say it is a clear bear flag
bull can say it a shakeout before exploding up
EW counters can says we migh have an E wave outside the boundry
pic your choice , I say whatever the it is , I will take the deal the dea I took because it is a win win trade for me
This is why I went long at 10750 today with reverse at 10550
guess breakdown is coming, already 3rd or 4th hit HL?Cobra wrote:still ambiguous here, so let's wait. I'm disappointed in bulls.
I still think more likely is on the upside.wishful wrote:guess breakdown is coming, already 3rd or 4th hit HL?Cobra wrote:still ambiguous here, so let's wait. I'm disappointed in bulls.
though I wish a breakup...
Everybody is epecting a breakdown, so it won't come. Presumably the breakdown will occur in a few days, weeks or months when we are not expecting it.wishful wrote:guess breakdown is coming, already 3rd or 4th hit HL?Cobra wrote:still ambiguous here, so let's wait. I'm disappointed in bulls.
though I wish a breakup...
StrikePrice wrote:Volume getting lighter again. I think traders coming in to keep trend up. Even a 200 point down day on the Dow will be a victory for traders while the media will get to continue to say the world is ending.