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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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double top text book target. I don't think it'll fulfill. double top usually fails.
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Trades with cats wrote:ES 34 level third test. Daily VWAP just below at 34.50, if that fails there is a lot of air all the way down to yesterday's close.
the other option:
bounce off vwap and mid plus fib retrace and cumulative tick slowly but steady up = the other side of value could be 2044 ..but .. it's Friday 3 pm
Trades with cats wrote:ES 34 level third test. Daily VWAP just below at 34.50, if that fails there is a lot of air all the way down to yesterday's close.
the other option:
bounce off vwap and mid plus fib retrace and cumulative tick slowly but steady up = the other side of value could be 2044 ..but .. it's Friday 3 pm
.
YOU were RIGHT "a lot of air all the way down to yesterday's close"
Cobra wrote:double top text book target. I don't think it'll fulfill. double top usually fails.
OH MAN!!! No more breakout likely scenario???
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double top target met. I'm surprised. bears are getting stronger those days. interesting.
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