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)
We have paused in this trading range before...usually before more up or more down. We could have a bounce here, but it looks like the trend is down....IMHO...
Yes, we are in oversold conditions, but it can become more oversold....
TraderGirl wrote:We have paused in this trading range before...usually before more up or more down. We could have a bounce here, but it looks like the trend is down....IMHO...
Yes, we are in oversold conditions, but it can become more oversold....
With the SPX move from Dec-March I stopped trusting overbought/oversold indicators, although they seem to be more accurate since the 1422 high.
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:We have paused in this trading range before...usually before more up or more down. We could have a bounce here, but it looks like the trend is down....IMHO...
Yes, we are in oversold conditions, but it can become more oversold....
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