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it's the very 1st test of ema20 in 2+ hours likely the pullback would be bought.
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Mr. BachNut wrote:
So, long an SPX unit and short an R2K unit now.
We'll let the rock'em sock'em robots duel it out...
At 11:30 it looked like SPX long was ready to knock R2K short's block off, but now R2K is starting to throw some punches.
SPX long looking a little surprised.
R2K short still losing on points but still in it with a few rounds to go.
Mr. BachNut wrote:
So, long an SPX unit and short an R2K unit now.
We'll let the rock'em sock'em robots duel it out...
At 11:30 it looked like SPX long was ready to knock R2K short's block off, but now R2K is starting to throw some punches.
SPX long looking a little surprised.
R2K short still losing on points but still in it with a few rounds to go.
Looks like R2K is playing rope-a-dope while SPX is trying to work the body.
Interestingly, I can see a possible head and shoulders in R2K and a possible inverse head and shoulders in SPX intraday.
They clearly do not like each other...
I don't think it'd be double top, more likely c&h, let's see.
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BullBear52x wrote:bulls just walk all over the bears like nothing today
When it's an official up/down day to confirm short-term trend, it's NORMALLY a trending day which is why I rarely bet against it until around 3pm. Sometimes, it keeps going until market close and then, carrying on until next day.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.