GDX Daily: today's peak did not overcome trendline, stopped right at it. I'm betting on the short side but will flip to the other aisle if things change
ascending triangle trend line support. 17 min to close, another boring day...
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.
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.
Ok I think that´s 4th wave tomorrow gap up and fade...sounds familiar?
Thank u guys see u tomorrow
Last edited by KeiZai on Thu Oct 04, 2012 3:55 pm, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
TraderGirl wrote:I see a potential bear flag...maybe I have bear goggles on...
another scenario...maybe we just expanded into another larger triangle.. bottom line could be angled slightly less... to make it more symmetrical... but pure speculation at this point.
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.
guess that's it for today. NFP day tomorrow, not bull friendly recently. thank you guys, I'll see you tomorrow.
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.