50% is also a likely good odds level for a turn around.
Bullish October?
- Thread starter trader1974
- Start date
Oh I leave that
Yesterday was all algo’s based on technical retracements.
50% is also a likely good odds level for a turn around.
It appears taht 50% is failing so we go to ther original 61.8%, my usual bread and butter level currently standing at overall Investing success at 94% on daily timeframe, weeky and monthly included. How it works on 5-min. timeframe should be no different but hey, wtf do I know?
Should hit 61.8% next week
Everything is possible in this crazy market
People are scared
That's why I think there can be a rebound
That's why I think there can be a rebound
Current AAII % Bull-Bear Spread is -36%. Too much pessimism out there, and that indicates it's likely we're nearing the bottom.