should be a successful H4 long. My call was too late because I need time to download chart and put comment but if you know the rule, it's a good H4 long.
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Now that we have another huge down day....what is your thougth about tomorrow? Your comment from last night suggests caution....but would like to hear what you think about tomorrow. Thanks much!!
Below 1223 is death sentence and on the way to 1180 IMO...
KENA wrote:One thing to remember the 1220 area has lots of support and the mkt had a hard time staying below this area..So a close above 1220 which is very likely will favor the bulls and limit any dn gap in the morning.Of course then there is Greece.
StrikePrice wrote:The market has me a little confused. Need to stick with the short-tem trend being down unless we can close above 1234. In cash again for me.
Cobra wrote:should be a successful H4 long. My call was too late because I need time to download chart and put comment but if you know the rule, it's a good H4 long.
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Now that we have another huge down day....what is your thougth about tomorrow? Your comment from last night suggests caution....but would like to hear what you think about tomorrow. Thanks much!!
Cobra's the BESTest!
no good in the next 1 to 2 weeks. but you know statistics varies a lot, I just saw some statistics arguing for a very bright bull future, so I need recheck my statistics.
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StrikePrice wrote:The market has me a little confused. Need to stick with the short-tem trend being down unless we can close above 1234. In cash again for me.
I don't think this downleg is over.
Yes, but we could also be in Wave 3 of 5 down and a lower low could be a nice long for aggressive traders. Wave 1 was only 1293 to 1277 so Wave 5 could be equally as short. Or could go to 1187, so depends how lucky you feel.
well, guess that's it for today, not a bad close actually, I'll explain later. thank you guys, I'll see you tomorrow.
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I did not see your seasonal stats on November from last night report. Do you have a plan to report tonight. it is very good information. Thanks.
I don't report seasonality anymore. you can now check under "Studies" menu.
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