well, guess that's it for today, no miracle for the 4th time as I expected. As for the short-term NORMALLY, there should be at least a lower low ahead. Thank you guys, I'll see you the next Monday.
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Cobra wrote:still fighting, not looking good for bulls though.
Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.
Master Cobra , do you think this is a kind of P-bar ? Thanks.
yes, it's P-bar.
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Cobra wrote:still fighting, not looking good for bulls though.
Stockcharts.com showed daily SPY $131.50.I think it is a firm P-bar.
Master Cobra , do you think this is a kind of P-bar ? Thanks.
yes, it's P-bar.
It seems P-bar has stopped working recently?
P-bar is just for fun. As long as you trade with the trend, you should be mostly fine. The past P-bars happened to be all with the trend and that's why they worked.
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Cobra wrote:
P-bar is just for fun. As long as you trade with the trend, you should be mostly fine. The past P-bars happened to be all with the trend and that's why they worked.
They are still working at a lower success rate. As you said, just for fun and I'll keep posting them with that in mind.