Cobra:
I'd be really mad if people are buying now lol
oh well look on positive side that could be double top if second try is declining in volume, right?
too early to tell. but normally, no, because the push up we had was so strong, it's rare it's only 1 legged, so generally the very first pullback is buy.
Not yet. I need a pattern.
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PLUNGE wrote:I agree with others here who plan to or have shorted the Russell 2000. Developed my swing trading chart from 15 years trading for a living. It is an hourly chart of $RUT with 13/34 EMA cross overs for entering and trend line breaks for exits to maximize profits.
PLUNGE wrote:I agree with others here who plan to or have shorted the Russell 2000. Developed my swing trading chart from 15 years trading for a living. It is an hourly chart of $RUT with 13/34 EMA cross overs for entering and trend line breaks for exits to maximize profits.
Great chart Plunge, would you mind if I use it?
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
not a good looking rebound so far, but let's be patient. bulls need pray here...
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as I said not good looking rebound, this really is bad. How come the market suddenly reverse hard, this is not a typical strong uptrend day should be.
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too early to tell. but normally, no, because the push up we had was so strong, it's rare it's only 1 legged, so generally the very first pullback is buy.
PLUNGE wrote:I agree with others here who plan to or have shorted the Russell 2000. Developed my swing trading chart from 15 years trading for a living. It is an hourly chart of $RUT with 13/34 EMA cross overs for entering and trend line breaks for exits to maximize profits.
That's a 15' chart not 60'. Did you mean 15'?
Thanks,
Sorry, it is 15'. Certainly OK for any who find it useful to copy and use it.
a little positive divergence I see, hopefully could stop bleeding here. I have no idea, in wait and see mode.
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PLUNGE wrote:I agree with others here who plan to or have shorted the Russell 2000. Developed my swing trading chart from 15 years trading for a living. It is an hourly chart of $RUT with 13/34 EMA cross overs for entering and trend line breaks for exits to maximize profits.
Cobra wrote:as I said not good looking rebound, this really is bad. How come the market suddenly reverse hard, this is not a typical strong uptrend day should be.
What you think SPX gonna break 1220 on first try? 9/16 double top for now..