ClarkW wrote:Bearish Gartley for IWM on the 30 min?
Yes, very nice! Good looking figure = parallel lines!
However, today’s market is not inviting for swings...Trends are not fractal - they are fractured...Technically valid moves are very soon negated…replaced with countertrends, which turn out to be unsustainable…and so on…
Nimble smart money played biotechs: Long ARNA and short ONXX…but even that trade is closed by now…Too crowded!
Cougar, have you look at SONC lately? run away gap with high volume, very tempting but do nothing.
Speaking of run aways, take a look at IDNG and CIGX...
well, guess that's it for today, I don't know about tomorrow but since it's FOMC, guess the market won't down huge as the usual pattern is to up until FOMC announcement on Wednesday. Thank you guys, I'll see you tomorrow.
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