Buying near the 20ma on the 5 and selling new highs seems to be working well today. Perhaps this last move to the ma will create the EoD buying climax. Engulfing down bar at highs on 5 min should add some fuel to the fire when 2960 breaks. Just my 2 cents
I didnt say there wouldnt be volatility, I said no clear direction. Look at the higher time frames. We were at an area at the open that was as 50/50 as u could possibly get. As this is developing, direction is becoming clearer. Thats what I meant
Dux shorts penny stocks that gap up. Soon as u learn his method you’ll be competing against him for locates and fills bc his strategy doesn’t produce many trades over the course of a month. He just trades huge size. Stay Away
I'm not gonna take this pullback. Gonna wait for more consolidation. 30 min looks prime for more down, and 15 min chart looks prime for more up. Divergence in the time frames, so I'll sit and wait.