it keeps butting hits heads against the 20 EMA on the 5 minute and has been that way since early this morning. Think it will get over that barrier and if so, what you you need to see to confirm it?
That's exactly right. There have been no confirmed long signals today. I don't see price closing above the 20 EMA at any point.
I would like to thank mrbochin for his post. It was helpful, reminded me that it's never too low to sell a downtrend, and gave me my best day ever in CL. My biggest regret was not acting last night or even early this morning on the reversal portended by that daily candle left behind.
cam back and felt better, and found it is still in this range, long herr at 83.13. I saw your point. sell on the pop when it touches Nodoji's 20MA, my mind just could not flip over and still with "it is oversold" mode when I saw abnormacy.
Quote from schizo:
I'm against preaching but on a day like this you don't buy but sell every damn rally you see!
cam back and felt better, and found it is still in this range, long herr at 83.13. I saw your point. sell on the pop when it touches Nodoji's 20MA, my mind just could not flip over and still with "it is oversold" mode when I saw abnormacy.
