trend line resistance, overall, it's bullish though.
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soku wrote:rumor says michigan will be good. market is pricing it in.
let the bulls run. no guts to hunt now.
just slightly beat expectation. now things getting interesting. i think a pull back is due, but not sure how is the damage. it is still not tradeable to me
The goal is not uniformity. It is understanding and idea exchange.
UNG is at its recent lows if one want a swing trade back up to 10 ish. Been working recently for a couple % over a couple of days.
Appears to be basing at this level. However could be in a overall downtrend, so caution
soku wrote:rumor says michigan will be good. market is pricing it in.
let the bulls run. no guts to hunt now.
just slightly beat expectation. now things getting interesting. i think a pull back is due, but not sure how is the damage. it is still not tradeable to me
the pull back is very small, but there is still some damage. now the 1214.5 peak seems very top heavy.
this month is quite balanced. i don't expect killing event from either side. in short, today doesn't seems to be a fun day to me. calling today off. see you monday.
The goal is not uniformity. It is understanding and idea exchange.
The rumor is the printing press bazooka is coming out. Coordinated money printing get out of the way bears at least untill we roll over from being over bought which could start on monday.