Looking back, we have to ask ourselves, did we take the opportunity in all the last RSI 14 <30 ? if not why not? this is when the blood is all over the street, it's normal to be fearful. I am not bullish just like when I short at the top, I was not bearish, but trend reversal has to start some where, this is one of the possibility zone. just happy rambling
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullTart wrote:hello my dear friends, after a decade, I'm baaack!! (crickets)
if any OGs here, you may remember me as mr. tvix
good to see this board still up and running!
Welcome back! I mean you not the black swan of course.
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.
If the FED meets over the weekend and cuts rates, as some expect
Could that backfire on the FED?
Wouldn’t that just give the big guys more easy money to short more stocks?
(Asking for a friend)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:If the FED meets over the weekend and cuts rates, as some expect
Could that backfire on the FED?
Wouldn’t that just give the big guys more easy money to short more stocks?
(Asking for a friend)
Tell your friend look at chart, and tell him, his chart is his only friend.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Too bad, it's a lower high trend reversal. We may now have the range high, now let's see where the range low is, assuming day low for now.
Attachments
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.