all Indexes in channel at 12:20pm 10/22...what will break them out?...they are hugging the 5 minute 20 MA and the MACD "0"zero line...do they retrace to days lows or break out on updside?
all Indexes in channel at 12:20pm 10/22...what will break them out?
- Thread starter increasenow
- Start date
2:45 buyers will step in
Yup, not selling
huge white candle formed 2:55 ..10 minutes off
huge white candle formed 2:55 ..10 minutes off
take a look at a 1 hour chart. the s&p has been forming a triangle over the past 7 trading days, and looks like it's probably going to break to the downside....that is, unless, stock_trad3r does so much buying into the close that the we see s&p 1280 by 3:59 p.m., he's been known to do that a time or two.
well...I guess you can say it "RETRACED TO THE DOWNSIDE...BIG, HUGE, BIG HUGE TIME!!!!!!!!!!!":eek:
bear and bull...bull and bear