another key time, bulls really need this to be C&H. the bias so far is still up.
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soku wrote:i think the market is going up a little bit. es 1386-88 area could be the target. what i am not sure is pull back a little bit or go directly from here.
i like the scenario to pull back to 75-76 then going up
no dip no long.
last one was not good enough. 1381 pivot may hold for a while
The goal is not uniformity. It is understanding and idea exchange.
overshot, so pullback, normally, this should be just a temp pullback. well, NORMALLY.
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could be another C&H. I'm out half of my day trade long here, but maintain the target.
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here's the reason I'm out, there're 50% chances a double top is forming here, so better be safe than sorry.
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overshot, so might be a pullback here then we'll see.
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the big picture still not good looking for bulls though, bear this in mind.
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If we finish at these favorable levels, it's anyone's guess if overseas markets will continue the sell off. My spreadsheet's still predicting a gap down