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Some chances the low was in because I see possible Double Bottom here. The current big red bar makes bulls in danger but before the double bottom low is taken, I'd give bulls a little more time.
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Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?
My comments are for entertainment/educational purpose only. NOT a trade advice.
To me the mkt seems to want to go up today..I'm out of my spy shorts and in a holding pattern..Remember fri the mkt had a P bar up to 166.31..This is also in the back of my mind..And now we just got a spike up..Wait and see.
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BullBear52x wrote:Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?
BB, your new layout looks a lot better. Makes it look clean and simple
BullBear52x wrote:Today will be flat to higher trade, unless bearflag broken then hell will break loose. for new shorts I will wait for a clean break down looks to me like a bear trap set up intraday but WDIK?
BB, your new layout looks a lot better. Makes it look clean and simple
Thanks
My comments are for entertainment/educational purpose only. NOT a trade advice.
KENA wrote:To me the mkt seems to want to go up today..I'm out of my spy shorts and in a holding pattern..Remember fri the mkt had a P bar up to 166.31..This is also in the back of my mind..And now we just got a spike up..Wait and see.
trailing stop, still greedy.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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