Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly
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sure
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly
sure
Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
SPX 5m top left some see a sloppy invs H&S yellow neckline, or we triangle.. yellow/green.. into the close.. with a bigger move near EOD .. as per usual
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Last edited by fehro on Thu Feb 11, 2016 2:52 pm, edited 1 time in total.
Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly
sure
Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO
Boss I can feel your itching fingers to fill the gap
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente wrote:Hourly momentum oversold (pink arrow) and starting to hook up, just about near to crossing the 20 line (pink arrow)
I have to wait until it crosses, I don’t catch the exact bottom, but my style is better late than dead
Note three higher low candles on the hourly
sure
Don’t be laughing at me boss….
Not sure what you’re even laughing at:
hourly momentum oversold (true)
starting to hook up (true)
three higher low candles on the hourly (true)
must be the part about “better late than dead” which was just IMO
BullBear52x wrote: Boss I can feel your itching fingers to fill the gap
Frankly I was astonished that on such a crash day the bears couldn’t manage another 37 cents to double-bottom or 38 cents to breakdown
(20 jan low $181.02 vs today’s low so far $181.39 = 37 cents differential).
At the moment I have to call that a “successful” test for the bulls, at least temporarily…. but bears may get another shot today at lows here/now……
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote: Boss I can feel your itching fingers to fill the gap
Frankly I was astonished that on such a crash day the bears couldn’t manage another 38 cents to double-bottom or 39 cents to breakdown
(20 jan low $181.02 vs today’s low so far $181.39 = 38 cents differential).
At the moment I have to call that a “successful” test for the bulls, at least temporarily…. but bears may get another shot today at lows here/now……
If we closed green today, Hiekin-Ashi daily candle will still count as a success, but a gap drop below 1835 this morning worry the bullish camp by a lot.
My comments are for entertainment/educational purpose only. NOT a trade advice.