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Gap down below yesterday's low so the gap might not be filled.
3 possible targets on the Global ES, 2 were already met (Double Top and 100% Measured Move), the only one left is the horizontal blue line below which is Rising Wedge text book target.
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johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires
Break of the bull trend in EU indices was the cause
potential target
BT idea working fine
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)
the open is too stretched on the downside, so might see rebound first. then we'll see.
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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)
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.